Latest editorial
THE competition watchdog is being urged to look at the likely merger of Sainsbury’s and Asda amid concerns over loss of jobs and restricted consumer choice.
The £10 billion deal was under wraps until Saturday but is expected to be announced as soon as today. A merger between the two supermarkets would result in them having a bigger combined share of the grocery market than than the current leader Tesco.
Sainsbury’s and Walmart-owned Asda are the second and third-largest grocery retailers in Britain but they have been squeezed by the rise of lower-cost supermarkets Aldi and Lidl.
Friedrich Merz’s call for a new Plaza Accord ignores how Washington’s 1985 currency ambush destroyed Japan without fixing US deficits — China, a sovereign socialist state with 1.4 billion consumers, cannot be bullied the same way, writes CARLOS MARTINEZ
PHILIP ENGLISH says military spending will not create the jobs young people need — instead, build an economy based around needs, not profit