All the updated news related to tescos

All the news related to tescos updated in real time

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City

Tesco sees annual profits soar, but warns over hit from rocketing inflation

Tesco has revealed annual profits more than tripled, but warned retail earnings will come under pressure this year from soaring inflation and as shoppers return to pre-pandemic shopping habits. The supermarket giant saw group pre-tax profits jump to ...

13 Apr 2022 at 08:55

City

Tesco warns over profit hit from rocketing inflation

Supermarket giant Tesco has warned earnings will come under pressure from soaring inflation and as it battles to keep prices low for cash-strapped shoppers. The UK’s biggest grocery chain saw shares fall 6% as it said retail operating profits are ...

13 Apr 2022 at 10:55

City

Tesco to increase pay to £10.10 an hour for shop and warehouse workers

Tesco has said that its hourly pay for shop staff and warehouse workers will be increased by 5.8% from £9.55 to £10.10. The retailer, which is the UK’s largest private employer, said the pay increase will come into force from July 24. It added ...

07 Apr 2022 at 13:55

Gardening boom continues long after lockdown, reports supermarket

A record demand for plants which began during the first national Covid-19 lockdown has continued despite many people being back at work, a supermarket has reported. Between March 2020 and today, Tesco said demand for bedding plants and shrubs ...

29 Apr 2022 at 09:25

Personal Finance

Savers ‘withdrawing £118 per month on average to make it through to payday’

People forced to dip into savings to make it through to payday amid surging living costs are withdrawing £118 a month on average, a survey has found. Around two thirds (68%) of people who set a budget end up dipping into their savings to ...

24 Feb 2022 at 14:55

Union hails ‘huge win’ in ‘firing and rehiring’ fight with Tesco

Lawyers representing a union have hailed a judge’s ruling on a “firing and rehiring” High Court fight with Tesco as a “huge win” for workers. Usdaw said Tesco was acting “unconscionably” by trying to “unilaterally remove” workers’ ...

03 Feb 2022 at 12:25

City

Where are the Jack’s discount stores which will be shut amid Tesco cuts?

Tesco changes announced on Monday include shutting seven of its 13 Jack’s discount stores, while the remainder will become supermarkets. Some 130 jobs will be impacted by the move, and the company has released a list of locations ...

31 Jan 2022 at 20:55

Which retailers were the winners and losers over Christmas?

Christmas is always a pivotal period for retailers and other high street firms but perhaps had even greater significance this year after 2020’s efforts were hammered by Covid closures. The key trading period was still beset by a ...

14 Jan 2022 at 16:25

Christmas cauliflowers delayed by poor growing conditions are finally harvested

Half a million cauliflowers that flowered too late for Christmas are to be sold at a reduced rate from January, following “some of the worst growing conditions for many years”. British retailers had to import the vegetables ...

20 Jan 2022 at 08:25

News

M&S rebrands Midget Gems to avoid offending people with dwarfism

Marks and Spencer has changed the name of its popular Midget Gems sweets to avoid offending people with dwarfism. The retailer has rebranded its version of the confectionery as Mini Gems following a campaign by a ...

13 Jan 2022 at 18:26

Personal Finance

Holidaymakers taking more cash away on their trips, says Tesco Bank

Holidaymakers are taking more cash away with them than they did before the coronavirus pandemic, according to a bank. Average transaction values have risen by £56, from £288 pre-pandemic to £344, according to ...

14 Jul 2022 at 12:15

City

Shoppers’ annual grocery bills ‘to rise by £380’

Britons are set to see their annual grocery bills jump by £380 this year as food price inflation hits a fresh 13-year high, according to new figures. The latest data from Kantar has revealed that grocery ...

21 Jun 2022 at 12:13

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