British figure in focus
A coalition including supermarkets, charities and farming bodies warns the UK food system faces future shocks as production falls and imports rise. They call for a legally binding Good Food Bill to improve national food security, nutrition and resilience, citing higher prices, climate risks and biodiversity loss.
Sainsbury’s has agreed to sell Argos and the Habitat brand to Swift Partners, a new vehicle led by Richard Pennycook and supported by Trevor Strain and Matt Truman. The deal will see Argos, including its standalone stores and in-store outlets, transferred to Swift, enabling Sainsbury’s to concentrate on its food business. Completion is expected in February 2027 with full separation by 2029.
The Guardian and Reuters report that Sainsbury’s has walked away from talks with Morrisons over a multibillion-pound merger. The CMA’s latest stance on Aldi and Lidl shelves shifts could influence future deals, with analysts noting Sainsbury’s could snap up a rival without triggering immediate competition concerns. Talks remain open to restart in the future.