The announcement over the weekend that Sainsbury’s wants to buy Asda is concerning. In particular it is concerning for towns, such as Flint, where we have both an Asda and a Sainsbury’s right next door to each other. There are questions over the future of these sites and it will now be for the Competition and Markets Authority (CMA) to check if this merger is in the public interest.
The minister wanted to give assurances for the consumer, but when I pushed him on the hundreds of retail workers he said nothing. I want the Government to take action to ensure that no stores are closed and all jobs are protected.
The CMA has only started its investigation and I will continue to keep up pressure to ensure that we see no job losses.