Asda chief executive Andy Clarke told ITV News he was "pleased" taxation changes were revealed in today's Budget, but noted that they would not happen this year.
Mr Clarke said: "Changes in taxation that affect customers and business has a positive effect on the company, we're pleased to see some level of tax change - but it's not in this year. These are taxation changes that are going to happen in the future.
"That's good to see, directionally it's good, but for people who shop in our stores and families around Britain it's what they are going to see from tomorrow."
More top news
The pre-trial hearing for a British banker, accused of murdering two women in Hong Kong last November, was adjourned for five weeks.
Conservationists say one of the UK's most threatened butterflies has recorded its best year for a decade following 2014's warm spring.
The SNP leader Nicola Sturgeon says tonight's TV election debate shows there is a clear demand for a new style of politics across the UK.