The UK competition watchdog today hit 10 retailers and two tobacco manufacturers with fines totalling £225m (€255.9m) for "unlawful practices" in pricing of cigarettes, cigars and rolling tobacco.

Two years ago UK supermarket firm Morrisons was in turmoil as it wrestled with acquisition Safeway and racked up the first loss in its 106-year history.

Dairy group and cheesemaker Lactalis McLelland today became the latest firm to admit its part in the price-fixing scandal thought to have cost consumers around £270m (€361m).

Supermarkets Asda and Sainsbury’s were today fined over their roles in a dairy price-fixing scandal thought to have cost consumers around £270m (€374m).

UK supermarket giants Asda and Sainsbury’s today agreed to pay multi-million pound fines after they admitted fixing the price of milk, cheese and butter.

Supermarket chain Morrisons offered more evidence of a revival today after it said its recent trading performance had been “encouraging”.

A competition watchdog in the UK is expected to outline plans today for the appointment of an independent ombudsman to protect supermarket suppliers.

Leading UK supermarkets and dairy processors were today accused of fixing the prices of milk, butter and cheese.

British supermarket chain Morrisons ditched its advertising slogan of more than 30 years today as it unveiled plans for a £450m (€659.1m) makeover.

British supermarket chain Morrisons could be about to ditch its yellow and black logo as part of plans to overhaul its image, it was reported today.

Supermarket chain Morrisons continued its recovery today with record sales in the week before Christmas.

A resurgent Morrisons led the London market forward today after the supermarket chain impressed the City with its half-year results.

Shares in resurgent supermarket chain Morrisons surged 7% to their highest level in more than two years today.

The assault of Tesco on the market share of rival supermarkets shows no signs of abating, figures revealed today.

The improving fortunes of Marks & Spencer and supermarket group Morrisons received further recognition in the City today.

Tesco has tightened its stranglehold on the UK grocery market, fresh figures showed today.

The Bank of England’s first move on interest rates in a year sent leading shares into freefall today as the FTSE 100 Index slumped by almost 2%.

London’s top ranking shares were led by supermarket group Morrisons today after chairman Sir Ken Morrison delivered a major boost to the chain’s recovery hopes.

Supermarket group Morrisons boosted recovery hopes today after revealing like-for-like sales jumped 6.1% in the past nine weeks.

Shares on both sides of the Atlantic were in positive territory today as bargain hunters moved in after yesterday’s falls.

The FTSE 100 Index drifted lower today after heavy losses in New York and Japan overshadowed gains by Morrisons and Cadbury Schweppes.

Veteran supermarket boss Ken Morrison today outlined plans to stand down as chairman of the Morrisons chain in January 2008.

A FULL-BLOWN inquiry into Britain’s £95 billion (€138.8bn) grocery sector was confirmed yesterday after fears of anti-competitive practices sparked a massive public response.

Directors at Morrisons are threatening to quit over chairman Ken Morrison’s continued failure to appoint a new chief executive, it was reported today.

British supermarket chain Morrisons today unveiled its three-year plan to revive the business, after profits fell 81% in the wake of its £3bn (€4.3bn) takeover of Safeway.

A Co Waterford-based porridge manufacturer has landed a lucrative contract with a British supermarket chain on the back of impressive sales north of the border, it was announced today.

Supermarket chain Morrisons received a boost from its converted Safeway stores today after revealing a 2.8% rise in like-for-like sales over Christmas.

The union representing 1,600 workers who have lost their jobs with supermarket chain Morrisons says the cuts are a “direct consequence” of the company’s takeover of Safeway.

Around 1,600 jobs were axed tonight when supermarket chain Morrisons confirmed the closure of two depots.

The firm behind London’s congestion charge scheme led the FTSE 100 Index to another four-year high today.

The FTSE 100 Index failed to get going this morning as it was weighed down by losses on Wall Street overnight.

One of the UK’s best known supermarket brands will disappear later this week when Morrisons completes the conversion of £3bn (€4.3bn)-acquisition Safeway.

Supermarket chain Morrisons racked up half-year losses of £73.7m (€108.5m) today as it revealed the impact of its continuing woes integrating UK rival Safeway.

UK supermarket chain Asda was today offered hope that its strategy of aggressive price-cutting was eating into the dominance of market leader Tesco.

BELEAGUERED supermarket group Morrisons is understood to be preparing for a boardroom reshuffle.

UK supermarket chain Somerfield was told today it must sell 12 stores to prevent a "substantial lessening" of competition in the local area.

Tesco today announced that it has made an offer to acquire up to 30 former BP/ Safeway petrol stations in the UK from WM Morrison, subject to BP pre-emption rights on 12 petrol stations.

Supermarket giant Asda is to create 250 jobs in the North before the end of the year, it announced today.

British supermarket chain Asda received further evidence today that it is holding off rival Sainsbury's in the battle for second spot in the grocery market.

UK supermarket chain Asda received further evidence today that it is holding off rival Sainsbury’s in the battle for second spot in the British grocery market.

British supermarket group Morrisons today announced the sale of a further batch of stores acquired in its £3bn (€4.4bn) takeover of rival Safeway.

British supermarket chain Morrisons said today that it had been encouraged by recent trading after like-for-like sales showed a 5% improvement.

The new owner of 115 former Safeway stores was today told that it may have substantially reduced competition in 14 retail areas of the UK.

Financial stocks dragged the top flight down today as uncertainty continued to dog the market after the latest terror attacks.