The UK’s largest grocery chain said it has now resolved the problem, which was first reported on Wednesday morning.
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Tesco is in talks to join a government-backed initiative to keep people with health conditions and disabilities in work, as Labour attempts to stem a tide of economic inactivity that has dogged Britain since lockdown.
As prices rise, we look at whether schemes such as Tesco’s Clubcard and Sainsbury’s Nectar are a good deal
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One of Britain’s oldest bakeries has warned that it is on the brink of a collapse that could see hundreds of workers lose their jobs.
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The consumer group compared the prices of up to 50 popular items from four supermarkets.
Group adjusted operating profit was £1.67bn in the first half, up 1.6% at constant rates compared to the previous year.
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A shop at the UK's cheapest supermarket cost an average £122.88 in September, according to a Which? analysis.
Tesco raised profit guidance after a better-than-expected first half.
Households budgets remain squeezed and shoppers are increasingly seeking out value, according to the UK’s biggest supermarket.
STORY: Tesco on Thursday raised its full-year profit forecast.Britain's biggest supermarket group said it benefited from an unusually hot summer and won market share from rivals.This year, its share of Britain's grocery market has grown this year to over 28%.And it now expects 2025/26 adjusted operating profit of between $3.9-$4.2 billion - up from previous guidance.UK like-for-like sales in the first half were up 4.9%, having been up 5.1% in the first quarter.It set aside cash to deal with a pledge of sustained price cuts from Asda, the number three player, which has been losing market share.However, no price war has materialized and Tesco's shares have risen 17% so far this year.Analysts say the supermarket’s strategy of matching the prices of discounter Aldi on over 600 items is driving growth.Along with heavy promotion of its Clubcard loyalty scheme, which provides lower prices for members.
The grocer raised profit expectations after an increase in sales, as it seeks to fend off competitors amid a price war in the sector.