Some sources have previously claimed that Mr Issa’s continued involvement in the business could deter candidates. However, Lord Rose said last month that he would urge Mr Issa to step back ...

Mr Issa claimed the pair got lucky. "We have been in the right place at the right time and taken advantage of some of them opportunities." Today, the EG Group empire includes some 6,000 ...

Asda is pressuring suppliers including Heinz, Nestlé and General Mills to lower prices as it battles to win back customers.

On Thursday, Mr Issa opened the latest Asda Express, but the company has already converted some 110 former Co-op and EG stores to Asda Express in February alone.