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Evening Standard
Evening Standard
Business
City Staff

FTSE 100 Live: Tesco profits fall, OPEC considers oil output cut

Tesco’s half-year profits have fallen 10% as the supermarket giant grapples with the impact of “significant” cost inflation.

Alongside the decline in headline profits to £1.25 billion for the six months to 27 August, Tesco said its full-year performance will be towards the lower end of previous guidance.

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