Lidl profits more than triple as shoppers switch from rival supermarkets

Lidl profits have more than tripled as it brought in more shoppers (Andrew Matthews/PA) - (PA Wire)

Lidl has revealed a three-fold surge in profits as more shoppers switched from its supermarket rivals amid the rising cost of living.

It came as bosses at the German discount chain said they plan to keep opening more stores as it pushes ahead with ambitious expansion plans across the UK.