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The Latest Breaking News from Tesco

Tesco CEO aims to keep lowering prices as profits climb and food inflation falls

First half like for like sales at Tesco have improved 8.4%

Evening Standard

FTSE 100 Live: Tesco profits grow, London shares close down 0.8% despite bond rout easing

Pressure on shares of oil majors BP and Shell continued today after yesterday’s big fall in the Brent Crude price.

Evening Standard

UK 30-year borrowing costs hit highest since 1998 as bond market sell-off grips markets – as it happened

Rolling coverage of the latest economic and financial news, as fears of high interest rates hit the bond market

The Guardian - UK

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read the most diverse news in one place.

Tesco says food inflation falling as it cuts price on 2,500 items

Average 12% reduction comes as more affordable own-brand products introduced in Express stores

The Guardian - UK

Shop theft has been building for years – here's how to tackle retail crime and keep workers safe

Retail giants like Boots, Tesco and Primark are pushing for Home Office action after violent incidents and abuse against shop staff almost doubled since the COVID pandemic. Retail crime cost UK shops £1.76 billion in the year to April 2023, according to the British Retail Consortium.

The Conversation

The ES Shopping Shortlist: What to shop, see and know in October 2023

No tricks, all treats: the hot-off-the-press launches and shopping newness to know this month

Evening Standard

Morrisons boss David Potts to quit

Morrisons has lost market share and racked up big losses since a debt-fuelled private equity buyout in 2021

Evening Standard

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Most expensive cheese sandwiches on the high street revealed

Pret has faced backlash after a sandwich, snack and drink were spotted at an unprecedented £13.60

The Independent UK

Celebrations launches Bounty-only tubs

Bountys are back in Celebrations, too

Evening Standard

Most children in kinship care living with at least one grandparent, figures show

The figures come as Tesco became one of the first UK retailers to give kinship carers the same support as adoptive parents.

The Independent UK

An Unlikely Bond: Man And Pet Turkey Share Unbreakable Connection

Man's Unorthodox Friendship with Pet Turkey Leads to Personal Transformation

Zenger

£20,000 reward offered after man, 80, killed in Tesco car park hit-and-run

Beloved Bhagwanji Rughani died after a white van was reversed into him in broad daylight on September 24, 2022

Evening Standard

Monday briefing: Do loyalty cards offer customers a good deal?

In today’s newsletter: Loyalty cards have become a fixture of supermarket shopping – but one group argues they don’t always mean value for money

The Guardian - UK

Zinfandel zingers: don’t worry about the pronunciation, just drink it

This US grape is tainted by an unfortunate macho reputation, yet, when made well, it can be rich, brambly, elegant and as good as anything else out there

The Guardian - UK

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news in one place.

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The Independent UK

Branded staple foods can cost 910% more if budget versions unavailable, says Which?

Watchdog calls on supermarkets to ensure they stock value ranges across all outlets

The Independent UK

Staple foods can cost three times as much if budget options unavailable – Which?

The watchdog has called on supermarkets to ensure they stock value ranges across all outlets after discovering how much more consumers are paying.

The Independent UK

Supermarkets urged to act amid warnings British agriculture is ‘on its knees’

An open letter to supermarket bosses claims their buying practices are leaving farmers “struggling to survive”

The Independent UK

Open letter to supermarket bosses warns farmers ‘struggling to survive’

The letter is part of the Get Fair About Farming campaign launched by the Riverford Organic vegetable box firm.

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Evening Standard

Best Portuguese wines to try in 2024

Most wines in Portugal use only indigenous grapes, giving them a full-bodied and fruit-filled flavour

The Guardian - UK

‘It’s organised looting’: UK in grip of a shoplifting epidemic, say store owners

Shop thefts have more than doubled in the past three years, costing retailers £953m a year, according to the British Retail Consortium

The Independent UK

Calls for investigation as supermarkets accused of using price trick on loyalty offers

Consumer group analysed 141 Clubcard and Nectar card prices at Tesco and Sainsbury’s, tracking them back six months

The Independent UK

Supermarket loyalty card prices ‘not as good as they seem’ – Which?

Which? said 29% of the 141 member-only promotions it analysed were at their so-called ‘regular’ price for less than 50% of the six month period.

Evening Standard

Best gluten free cakes for those with a sweet tooth but fussy tums

Let them eat *gluten-free* cake

The Independent UK

Schoolgirls struggle to access basic period protection, research suggests

The research was carried out by global hygiene and health company Essity, which is working alongside Tesco and charity In Kind Direct on its hygiene poverty campaign

Fortune

Britain’s biggest retailers are teaming up to pay police about $750,000 to stop shoplifters amid claims the crime is being 'decriminalized'

The partnership with police to crack down on retail theft could be a "game-changer," according to one police chief.

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