Roasted! Morrisons loses £17m VAT battle over rotisserie chickens 16 December 2025 at 05:44

Roasted! Morrisons loses £17m VAT battle over rotisserie chickens

16 December 2025 at 05:44

High court rules whole cooked cool-down chickens should be subject to standard 20% tax rate for hot food

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The UK supermarket chain Morrisons faces a £17m tax bill after losing a lengthy court battle against HMRC over the charging of value added tax (VAT) on rotisserie chicken.

The high court has ruled that whole cooked cool-down chickens should be subject to the standard 20% VAT rate for hot food.

Morrisons becomes first UK supermarket to delay net zero targets 15 December 2025 at 13:22

Morrisons becomes first UK supermarket to delay net zero targets

The Guardian

By:Julia Kollewe

15 December 2025 at 13:22

Britain’s fifth-biggest grocer postpones goal by 15 years to 2050, saying revised plan will now cover entire supply chain

Morrisons has become the first UK supermarket chain to postpone its net zero carbon emission targets, delaying them by 15 years to 2050.

Britain’s fifth-biggest grocer said its new targets would cover the entire supply chain, as well as Morrisons stores, including emissions from agriculture and land-use sources.

AA on road to potential £5bn sale or flotation, while RAC aims for London listing 15 December 2025 at 08:55

AA on road to potential £5bn sale or flotation, while RAC aims for London listing

The Guardian

By:Julia Kollewe

15 December 2025 at 08:55

AA sounds out buyers, and owners of fellow roadside assistance provider prefer IPO of similar value

The private equity owners of the AA, Britain’s biggest roadside recovery business, are looking for a potential £5bn sale or stock market flotation, while the owners of the rival RAC are targeting a London listing with a similar valuation.

The AA, which provides roadside assistance as well as insurance and driving lessons, is owned by a consortium including TowerBrook Capital Partners, Warburg Pincus and Stonepeak, and has been sounding out buyers, in news first reported by the Financial Times.

The AA’s owners are understood to value it at £5bn or more. They are also considering floating it on the London stock market – a decade on from its flotation by previous private equity owners. The plans are still in the early stages.