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Sainsbury's and Asda in merger talks

Talks to combine the two British supermarket chains are at an "advanced" stage, Sainsbury's says.

The retailer credits low prices for rising sales during the final three months of last year.

Asda and Aldi will introduce ID checks from early March, after campaigners called for restrictions.

Sales at the UK supermarket rise for the second quarter in a row, but the rate of increase slows.

Asda, the British supermarket arm of Walmart, has promoted Roger Burnley to take on the role of CEO and president in the New Year.

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