A new £6.8 billion landmark deal has been agreed to officially place ASDA into the ownership of billionaire Issa brothers from Blackburn.
The reported multi-billion deal will see the supermarket chain under British ownership after 20 years.
Previous American-owner Walmart has accepted an offer from a consortium of Zuber and Mohsin Issa – of EG Group – and private equity firm TDR Capital, which meaning the supermarket chain will be majority owned by UK firms for the first time since 1999.
Roger Burnley – Chief Executive Officer of ASDA – said: “This new ownership opens an exciting new chapter in ASDA’s long heritage of delivering great value for UK shoppers.
“With our combined investment, expertise and ambition, ASDA, Walmart, the Issa brothers and TDR have an incredible opportunity to accelerate our existing strategy and develop an even more exciting offer for our customers as well as strengthen our business for our colleagues.
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“In a constantly changing retailing environment, our new ownership will further enhance our resilience, whilst creating significant, additional opportunities to drive growth.
“For ASDA colleagues, a strong and growing business is important for our long-term future.”
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EG Group / Issa Brothers
Mohsin and Zuber Issa started out in a garage which their dad – who had worked in a woollen mill – bought and branched out on their own by first renting a petrol station for two years, then in 2001 buying their first forecourt – a derelict freehold site in Bury – and formed Euro Garages.
The EG Group now has almost 6,000 sites across 10 countries, from the UK to the US and Australia. It runs outlets for Greggs, Starbucks and KFC, and employs 44,000 people.
In 2017, the EG Group also bought 77 Little Chef roadside restaurants.
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Speaking on the ASDA deal, Mohsin and Zuber Issa said: “We are very proud to be investing in ASDA, an iconic British business that we have admired for many years.
“ASDA customer-centric philosophy, focus on operational excellence and commitment to the communities in which it operates are the same values that we have built EG Group on [and ASDA’s] performance through the COVID-19 pandemic has demonstrated the fundamental strength and resilience of the business,
“We are excited to support Roger and his team as they continue to reposition the business to drive long-term growth.”
Zuber continued: “We grew [the EG Group] from nothing. We’ve been on the pumps, we’ve been stocking the shelves, cleaning the toilets. You do everything, and once you do the foundation work, it’s no different wherever you go in the world.
“It’s a petrol station – you’re selling fuel, you’re selling coffee, you’re selling convenience.”
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Shepherd’s pie named among classic British dishes that could be ‘extinct’ within the next decade
Emily Sergeant
Shepherd’s pie has been named among the classic British dishes that could be ‘extinct’ within the next 10 years.
From a hearty roast dinner on a Sunday, to a slap-up full English breakfast to start the day, classic British dishes have become staples on dinner tables across the nation, all known and loved for their comforting flavours and cultural significance… but apparently, Google searches for ‘shepherd’s pie recipe’ are down 55% in the past year, indicating that less and less people looking to create this traditional dish at home.
So with this in mind, air fryer giants Ninja Kitchen decided to carry out a new study by surveying 2,000 people and studying search trends for popular British dishes to uncover which meals are still loved, and which might be nothing more than a distant memory.
Shockingly, the new study revealed that shepherd’s pie could be facing extinction from early as 2027, with several other favourites dying out within a decade.
Shepherd’s pie takes the fifth spot on the top 10 list, as according to the study, the dish is experiencing a 0.76% weekly decline, and due to the fact only 5% of Brits would name it a ‘favourite’, this classic risks extinction by 2027.
Shepherd’s pie has been named among the classic British dishes that could be ‘extinct’ within the next decade / Credit: Dennis J Wilkinson | Steven Depolo
Another shocker on the list has to been the beloved veggie dish cheese and onion pie, which takes the ninth spot thanks to its 0.41% weekly decline in searches.
However, the majority of the other dishes making up the top 10 list tend to be regional delicacies or dishes that are popular within certain dietary preferences, such as Glamorgan sausage – which takes the number one spot, with a 2% weekly search decline – Tatws Pum Munud, a nut roast, and a vegan roast dinner.
57% of the nation would be sad to see British staples fade away, according to the study, but 31% do appreciate the evolution of food trends.
The study also revealed that the growing popularity of takeaway and convenience food is the leading reason why people are moving away from traditional classics such as shepherd’s pie, with nearly half (46%) of respondents citing it as their main reason.
Additionally, 15% reported that the cost of ingredients was too high, while 10% felt that British classics lacked flavour.
Featured Image – Wikimedia Commons
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Toxic Town – new star-studded Netflix drama series filmed in Greater Manchester airs next week
Emily Sergeant
A trailer and first look images for a gripping new Netflix drama series filmed in Greater Manchester have been released.
Viewers are being given a teaser of what to expect before it airs next week.
Produced by Charlie Brooker and Annabelle Jones, and based on one of the UK’s biggest environmental scandals, Toxic Town tells the story of the people at the heart of the 2009 Corby poisonings, that started decades ago in the 1980s, and focuses on a group of mothers who took on a David and Goliath-style battle for justice.
The four-part series written by acclaimed screenwriter, Jack Thorne, traces the years of the mothers’ fight and watches as a terrible truth comes to the surface.
Jodie Whittaker, Aimee Lou Wood and Claudia Jessie star in TOXIC TOWN. Premiering 27 February.
Based on the true story of one of the UK’s biggest environmental scandals, the limited series follows a group of mothers fighting to bring a terrible truth to surface and justice for… pic.twitter.com/HgRoUKBIod
The cast of the new drama is seriously star-studded, with local Northern actors Jodie Whittaker – best known for Doctor Who and Broadchurch – and Stockport-born Aimee Lou Wood – who is best known for the Netflix series Sex Education, as well as the BBC sitcom Daddy Issues, and is currently starring in the third series of HBO’s The White Lotus – taking on the lead roles.
Robert Carlyle, Brendan Coyle, and Rory Kinnear are some of the other famous names playing pivotal roles in the show, alongside Bridgerton’s Claudia Jessie, Game of Thrones’ and Skins’ Joe Dempsey, and This is England’s Michael Socha.
New star-studded drama series Toxic Town airs on Netflix next week/ Credit: Netflix UK & Ireland
Show creator Jack Thorne called it the “cast of dreams”.
“I couldn’t believe that we were able to get these people, and that they were prepared to be part of this story,” he commented. “And boy, did they all deliver.”
“Each of them just brought something new that I’d never seen them do before,” Thorne teased ahead of the show’s air. “And when you’re with a cast that’s doing that consistently, it’s so exciting to watch and it’s so beautiful.”
Despite the story being set in the Northamptonshire town of Corby, the majority of this new series was actually filmed here in Greater Manchester – primarily in Bolton.
Over the last decade or so, Bolton has developed a ‘Hollywood of the North’ nickname as the town’s centre and wider borough’s historic buildings and architecture, and striking rural landscapes, have become a favourite for production crews looking to replicate other well-known worldwide locations such as London, New York, and even Moscow.
Camera crews for popular TV shows such as Peaky Blinders, Happy Valley, It’s A Sin, Brassic, The Stranger, Fool Me Once, and A Gentleman in Moscow have all rolled into the town in recent times.