Christmas sales boost for Tesco

TESCO revealed its best UK sales growth in three years today as the chain's drive to reverse falling profits gathered pace over Christmas.

TESCO revealed its best UK sales growth in three years today as the chain's drive to reverse falling profits gathered pace over Christmas.

Like-for-like sales in the UK grew by 1.8% in the six weeks to January 5 after a big improvement in food following last year’s disastrous showing.

Chief executive Philip Clarke said the seasonal performance was encouraging but added there was "a lot more to do" as the market leader looks to recover from last year’s first drop in profits for two decades.

 

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