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BUSINESS

Tesco welcomes first annual increase in UK sales for seven years

Digital Desk -
Tesco has reported its first annual increase in UK sales for seven years as the supermarket's recovery under boss Dave Lewis continues to gather...
NEWS

Tesco fined £129m but avoids prosecution over accounting scandal

Digital Desk -
Tesco has been hit with a £129 million fine from the Serious Fraud Office (SFO), but has escaped prosecution over its accounting scandal. The supermarket...
BUSINESS

White men an ‘endangered species’ in top business roles, says Tesco chairman

Digital Desk -
White men are now an "endangered species" in top business jobs as women and ethnic minorities are promoted to the senior positions, Tesco's chairman...
BUSINESS

Money stolen from 20,000 accounts after hackers target Tesco

Digital Desk -
The Tesco Bank hack that saw money stolen from 20,000 accounts over the weekend was "unprecedented", the head of Britain's financial regulator has said. The...
BUSINESS

Tesco Bank confirms almost 20,000 customers had money stolen from accounts by hackers

Digital Desk -
Nearly 20,000 Tesco Bank customers have had money stolen from their accounts as a result of a weekend hack attack, the group's chief executive...
BUSINESS

Tesco chairman warns that UK food prices are ‘very likely’ to go up as a result of Brexit

Digital Desk -
Food prices in the UK are "very likely" to rise as a result of Brexit, the chairman of Tesco has warned. John Allan said the...
#EUREF

Expect higher food prices if UK leaves EU, says former Tesco chief

Digital Desk -
Former Tesco boss Terry Leahy has urged the British people to vote to stay in the European Union, reiterating his warning that food prices...
BUSINESS

Tesco boss Dave Lewis gets £2.9m bonus as supermarket returns to the black

Digital Desk -
Tesco chief executive Dave Lewis has been awarded an annual bonus of £2.9m, taking his total pay for the year to £4.6m. The figures, revealed...
BUSINESS

UK investigation finds Tesco ‘deliberately delayed supplier payments to improve finances’

Digital Desk -
Tesco in the UK repeatedly and deliberately delayed payments to suppliers in a widespread practice designed to improve its financial position, an investigation has...
BUSINESS

Tesco third-quarter sales dip 1.5%

Digital Desk -
Tesco has posted a third quarter sales dip of 1.5% but said figures were up over the Christmas period. The retail giant has been battling...
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