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Tesco lifts profit forecast and says consumer confidence is resilient

المصدر: World news | The Guardian · نُشر

Tesco lifts profit forecast and says consumer confidence is resilient
المصدر: World news | The Guardian

Sales rise 2% to £33.8bn in the past six months, helped by strong trade online Business live – latest updates Tesco has raised its annual profit forecast as the supermarket group said consumer confidence has remained relatively resilient this year despite ongoing geopolitical ten

Sales rise 2% to £33.8bn in the past six months, helped by strong trade online Business live – latest updates Tesco has raised its annual profit forecast as the supermarket group said consumer confidence has remained relatively resilient this year despite ongoing geopolitical tensions “creating uncertainty”. The UK’s biggest grocer said sales rose just 2% to £33.8bn in the first six months of its financial year but underlying profit was up 6.5% to £1.8bn. Continue reading...

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Oil prices climb amid supply fears and shipping attacks; prospect of rate rise weighs on UK housing market – business live
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Oil prices climb amid supply fears and shipping attacks; prospect of rate rise weighs on UK housing market – business live

Brent crude jumps above $104 a barrel; eurozone bond yields rise and stock markets slide Eurozone bond yields have jumped again as higher oil prices sparked inflation fears. This increases the cost of borrowing for governments, with France hardest hit in recent days, as it grappl

Business | The Guardian ·