A daring high-wire act: Inside the Asda buyout
FT News Briefing
00:00
Financial Challenges and Strategic Decisions in the UK Retail Sector
This chapter explores the financial difficulties experienced by EG Group in the UK's retail sector, particularly examining the implications of its debt on strategic decisions such as acquiring petrol station sites. It underscores the importance of Asda to the UK economy and communities, questioning the brand's sustainability amid increasing debt and interest rates.
Transcript
Play full episode
