Thursday, October 8, 2026
Newsletter About
News & Politics

Tesco lifts profit forecast and says consumer confidence is resilient

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

This article was originally published by The Guardian World and is republished here under license.

Sales rise 2% to £33.8bn in the past six months, helped by strong trade online

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…

More in News & Politics

View All →

Leave a Reply

Discover more from The Meridian Review

Subscribe now to keep reading and get access to the full archive.

Continue reading