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 large piece of debris washed ashore on Reunion Island could be be from the missing Malaysian airliner MH370, according to a US official.
The squalid conditions in Calais shanty towns, nicknamed 'The Jungle', where migrants stay who are desperate to get to the UK.
An emergency call handler who hung up on a frantic caller as she tried to save her dying friend's life has resigned.