Sales rise 2% to £33. 8 bn in the past six months, helped by strong trade online Business live – latest updates Tesco has raised its annual profit forecast as the supermarket group said consumer confidence has remained relatively resilient this year despite ongoing geopolitical tensions “creating uncertainty”.
The UK’s biggest grocer said sales rose just 2% to £33. 8 bn in the first six months of its financial year but underlying profit was up 6. 5% to £1. 8 bn. Continue reading...