Shoppers face “unprecedented” cost of living pressures, warns Tesco

Tesco reported changing customer behaviour due to the cost-of-living crisis while sales continued to grow (Joe Giddens/PA) (Picture: PA Wire)

Tesco said customers are facing “unprecedented” inflation pressures and are trading down to cheaper items as it pledged to do everything it could to support those struggling most.

One day after the Bank of England said inflation will hit 11% in October and with charities warning that more people are skipping meals or relying on food banks, Tesco said UK sales are down 1.5% in the first quarter.