Company
Tesco PLC
LON:TSCO
Tesco - the leading supermarket in Britain With small grocery stores under the Tesco Metro brand name, big supermarkets outside cities (Tesco Extra) and 24-hour stores.
1014 stories · page 3 of 11
Asda slashes own brand prices as scrutiny persists
Asda will cut prices on 226 of its own branded products
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FTSE 100 Live: FTSE 100 ends dull session nearly flat ahead of US holiday
The FTSE 100 closed Monday down 4 points at 7,528 after a choppy, up-and-down session
Tesco, Sainsbury’s deny profiteering amid Parliamentary grilling
“We have not made more profit year-on-year" bosses insist
Supermarket meal deals to be restricted in Wales
The Welsh government will restrict some of the unhealthiest products from being included in meal deals
FIVE at FIVE: Tesco’s greedflation, Messi vs TayTay; FTSE 100 closes higher; BT rival job cuts; Mortgage wipeout
Here’s Proactive’s round-up of the top financial stories of the day, with helpful links taking you directly to the news
Tesco boss defends against greedflation claims again
Tesco boss Ken Murphy blamed high energy prices and labour market shortages for keeping prices high
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FTSE 100 closes the week stronger as Tesco reports signs of weaker inflation
At the close, the FTSE 100 had added 0.2% to finish at 7,643 points
Supermarkets buckle under regulatory pressure on high fuel prices
Supermarkets have quickened the pace of fuel price reductions since regulators took an interest, the RAC claims
CBI hires lawyers in survival battle ahead of vote next week
An unnamed City law firm will advise on directors’ duties moving forward, Sky News reported
Tesco poultry supplier blames inflation over factory closure
Tesco supplier Avara has proposed plans to close its Wales-based factory amid 'inflationary pressure'
Tesco preferred to Sainsbury’s, both overweight – Barclays
Barclays said both supermarkets were overweight, but Tesco was preferred
Tesco, Shell, BP slammed as diesel margins climb three times on average – RAC
Diesel retailers have been accused of profiteering after not passing on lower wholesale fuel prices
FIVE at FIVE: Supermarkets accused, SpaceX grounded, Shell and BP awards in the balance and Spotify leaps
Here’s Proactive’s round-up of the top financial stories of the day, with helpful links taking you directly to the news
Tesco, Sainsbury’s, Morrisons accused of keeping cheaper goods from stores
Which? accused the retailers of keeping cheaper own-branded goods from convenience stores
Tesco and Sainsbury's milk price cut matched by Aldi and Lidl
Sainsbury's responded to its rival's move yesterday
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FTSE 100 closes in positive territory again
At the closing bell, the FTSE 100 had finished the day in positive territory at 7,843 points for a gain of 0.2% on the day
Tesco chairman denies profiteering amid surging food inflation
Tesco chairman John Allen lashed out against claims that it was taking advantage of high inflation to lift prices
Appetites soured as UK honey found to be largely fake
UK honey products were exposed by the European Commission as being mixed with cheaper sugar syrups, prompting claims of fraud
Tesco slated by broker for online fulfilment charge plans
"Whether or not Tesco has taken the correct approach here though is subject to serious question"
One in seven cutting meals to combat higher cost of living
One in seven people have skipped meals in response to higher living costs, Which? found, with many also putting off heating their homes
Tesco and Lidl GB begin High Court fight over the use of yellow circle logo
Lidl uses a yellow circle in its main logo, and Tesco uses one to highlight offers available to members of its Clubcard scheme
Tesco to cut thousands of jobs in shift reshuffle
Tesco will close most of its remaining hot food and deli counters amid a reshuffle aimed at keeping it competitive
Tesco chairman sparks backlash as he blames food suppliers for 'profiteering'
John Allan said it was “entirely possible” suppliers were taking advantage of poorer households
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FTSE 100 continues ascent on Thursday closing 69 points higher
Britain's premier share index finished up around 69 points, or 0.89%, at 7,794
Tesco a buy ahead of Thursday update amid ‘finely balanced optimism’ – Goldman Sachs
Tesco could benefit from easing inflation, falling energy prices and changes to business rates, say Goldman Sachs
RAC accuses supermarkets of ‘heartlessly overcharging’ as Christmas fuel prices hit record
RAC has accused Tesco, Asda, Sainsbury's and Morrisons of refusing to lower fuel costs, despite lower wholesale prices
Tesco slammed over poor working conditions at supplier's factory
Tesco is facing legal action over forced labour conditions experienced by workers at a Thailand factory which produces its F&F branded clothes
Tesco and other grocers profit in the millions but farmers get 'less than a penny in the pound', says report
The report called for tougher regulations for supermarket supply chains
Tesco finally cracks and joins other supermarkets in rationing eggs
Tesco has joined Asda and Lidl in limiting the number eggs customers can buy due to nationwide shortages
Tesco to devote more space to yellow label clearance items
Shoppers are hunting low food prices due to the cost-of-living squeeze said the grocer
Tesco fails to deliver Christmas cheer as website crash wreaks havoc
Delivery Saver customers were told they could book a slot from 6am today, but some complained that the queue was opened before the advertised time.
Heinz Ketchup tops list as prices of big food brands rocket
Well-known brands of sauces, biscuits, bread, crisps, chips, butter and milk have all seen rises of more than 20%
Tesco and Shell among FTSE 100 groups worried by ESG posturing- report
Bosses of big companies have accused institutional shareholders of ‘subcontracting' decision making
Burger King, Pizza Hut, KFC could face shortages as workers at Tesco food suppliers arm vote on strike action
Best Food Logistics' workers have rejected a 6% pay offer, which would amount to a real-terms pay cut this year and into next, the GMB union said
Grocery essentials see biggest price rises but may be flattening, ONS finds
Tea prices were up nearly 46%, while chips, bread and biscuits all rose by more than a third
Asda opens two convenience stores as it prepares to take on Co-op forecourts
Britain’s third-largest supermarket is also in the process of acquiring 132 convenience stores from the Co-op Group – separate from the other two
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Tesco shares higher after leading investment bank lends its support to the investment thesis
Barclays Capital repeated its 'overweight' recommendation on the stock
Tesco - Goldman Sachs and Credit Suisse lower 2024 forecasts
Margin pressures, higher wage inflation and lower savings than previously forecast were behind forecast revisions by the two investment banks.
Tesco planning to cut 325 head office jobs while raising the pay of its store employees
Tesco said it hopes those losing their jobs could move into other positions at head office
Tesco's profit forecasts for 2024 cut by Shore Capital as uncertainties mount
The broker is nervous for the 2024 earnings outcome, highlighting a number of factors: persistent inflation, contracting living standards, Bank of England and UK government incompetence, elevated operating costs and higher gilt yields
UK supermarkets accused again of profiteering over petrol prices
"RAC Fuel Watch data has shown margins to be around 17p a litre – a huge 10p more than normal"
Tesco trims profit guidance as cost and competitive pressures bite
Delivering first half results the group, the supermarket group said “significant uncertainties in the external environment still exist, most notably how consumer behaviour continues to evolve.”