Sainsbury's CEO sings 'We're in the Money' as staff fear job cuts

Sainsbury’s CEO, Mike Coupe, was caught on camera singing “We’re in the Money” between TV interviews in which he discussed the Asda merger – a £12billion deal set to increase Coupe’s shares by £600,000.

He was filmed by ITV warbling lyrics from the Broadway hit: “We're in the money, the sky is sunny. Let's send it, lend it, spend it rolling along. We're in the money, the sky is sunny.”

The boss has since apologised for singing the “unfortunate choice of song” and apologised to anyone offended.

"This was an unguarded moment trying to compose myself before a TV interview," he said.