Alerts in the last 24 hours

No Personalised Alerts!

To see personalised alerts you need to be logged in.

Log In

Tesco PLC Add to portfolio

LON100:TSCO, Jan 18, 12:33 UTC

Latest LON100:TSCO News

Filter your feed

Apply Filter

Wednesday, January 16


News

Barclays, Tesco and Atom slash mortgage rates for new borrowers

TSCO

MORTGAGE borrowers and first-time buyers looking to bag a deal may find that now is a good time to do it as seven major lenders have cut rates this month. Next up is Atom Bank with cuts of up to 0.37 per cent, followed by Accord Mortgages with reductions of up to 0.27 per cent, and Furness Building Society with cuts of up to 0.15 per cent. Decide what kind of mortgage you want: a fixed deal means you’ll know exactly what your mortgage will cost, but if interest rates fall, you won’t see your payments drop. Of course, just because a lender has cut its rates doesn’t mean it’s going to be the best deal for you – you should always compare the overall cost of the mortgage by taking into account both the interest rate and any fees.

Read Full Details

Topics:
  • Business
  • Financial

Tuesday, January 15


Social Chatter

Tesco PLC (LON100:TSCO) social chatter is higher than usual

TSCO
Sky News has learnt the bosses of companies including Tesco and Amazon told a trio of ministers including Chancellor Philip Hammond in a conference call that protracted Brexit uncertainty was damaging Britain's economy

Friday, January 11


News

Mr Blobby is back! The lovable character will appear in new Tesco advert - Grimsby Live

TSCO

You can read more in our cookie notice. Or, if you do not agree, you can click Manage below to access other choices. If you choose not to, you will still see adverts on our site, because they help us to fund it, but those adverts will not be tailored to you. He will make a very special appearance in the supermarket's new campaign. Community updates, Crime Statistics, Local News & Events and much more... Mr Blobby is set to make a special appearance on TV screens very soon, thanks to Tesco. Viewers can expect to see the likes of Wolf from Gladiator, and children's character Mr Blobby, feature alongside 60s roller girls in the fun and colourful campaign.

Read Full Details

Topics:
  • Business
  • Entertainment
  • Science
News

Tesco is doing an incredible deal on jumbo packs of Pampers nappies - Grimsby Live

TSCO

By clicking “Accept” below, you agree to us doing so. You can read more in our cookie notice. Or, if you do not agree, you can click Manage below to access other choices. If you choose not to, you will still see adverts on our site, because they help us to fund it, but those adverts will not be tailored to you. Community updates, Crime Statistics, Local News & Events and much more... If you're the parent of a toddler or baby, and you're feeling the pinch after Christmas, then Tesco has an offer on that you're going to love. It means you can buy packets of 32 nappies for £3.75, down from £8. Or, you can pick up two jumbo packs in a two for £18 deal.

Read Full Details

Topics:
  • Business
  • Financial
  • Science
  • Health

Thursday, January 10


Social Chatter
News

Super Thursday sees Tesco, John Lewis, M&S report Christmas figures

TSCO GBPUSD

John Lewis’ 83,000 staff woke up to news that their annual bonus is under threat for the first time since 1953 as the firm battles challenging trading conditions. Under pressure department store chain Debenhams also served up another set of dismal results, recording a 3.4% decline in like-for-like in the six weeks to January 5, weighed down by the UK where sales were 3.6% lower due to weaker footfall. In brighter news, Tesco emerged a winner after unveiling its best set of Christmas trading figures in nearly a decade, with the UK’s biggest retailer lauding promotions on festive staples including vegetables and meat helped. This compared with a 3.9% sales surge seen a year earlier and left year-to-date comparable UK sales 0.7% lower. However, B&M said UK comparable sales lifted 1.2% in December, with the improved trading continuing into January.

Read Full Details

Topics:
  • Business
  • Financial
News

Tesco reports best Christmas in 10 years

TSCO

Sales at the wholesaler Booker, which Tesco bought in 2017, rose 6.7% over the six-week period. In a "volatile" environment with customers seeking discounts, Debenhams reported a 5.7% fall in like-for-like sales in the 18 weeks to 5 January. In the UK, we delivered significant improvements in our competitive offer and this is reflected in a very strong Christmas performance, which was ahead of the market." Sophie Lund-Yates, equity analyst at Hargreaves Lansdown stockbrokers, said: "It looks like Christmas delivered the goods for Tesco. Sainsbury's, which is attempting to merge with Asda, said on Wednesday that sales had actually fallen by 1.1% in the weeks leading up to Christmas.

Read Full Details

Story Sources

bbc.com bbc.co.uk
Topics:
  • Business
  • Financial
Social Chatter
News

[$$] Tesco reports best Christmas sales growth since 2009

TSCO

Tesco achieved its highest rate of Christmas sales growth in the UK since December 2009, signalling that British consumers were willing to spend on food despite cutting back in other areas. The grocer said like-for-like sales over Christmas rose 2.2 per cent in its UK stores, compared with the same period last year. Dave Lewis, chief executive, said the retailer had catered to what he called a “challenging” consumer environment with a revamped value food range, but added that growth was also evident in Tesco’s premium ranges.

Read Full Details

Topics:
  • Business
  • Financial
News

Tesco celebrates best Christmas for a decade

TSCO

Tesco has emerged as a festive winner after unveiling its best set of Christmas trading figures in nearly a decade. The grocery giant posted a 2.2% rise in UK like-for-like sales in the six weeks to January 5, outperforming the wider market in all key categories – food, clothing and general merchandise. Tesco said that its “Festive 5” Christmas vegetable offer proved particularly popular with customers, selling 19.7 million units over the three weeks to Christmas. Promotions on lamb and beef joints also helped drive sales. For the third quarter as a whole, Tesco recorded comparable UK sales growth of 0.7%, down from 2.5% in the previous three months – but the 12th consecutive period of positive figures nonetheless.

Read Full Details

Topics:
  • Business
  • Financial