Lidl posts £25m loss

LIDL’S UK arm made a £25.2million loss last year after investing in 51 new shops and a distribution centre in Scotland.

Its latest accounts, which cover the 12 months prior to the start of the pandemic, show it spent £654million on opening new stores and boosting its distribution network.

They add that a restructuring of Lidl GB helped push it into the red.

The previous year, the discount supermarket chain made a £19million profit.

The German-owned company generated UK sales of £6.9billion thanks to record numbers shopping at its stores.