Tesco profits fall by a fifth despite ‘exceptional’ £1bn a week sales
Tesco profits have fallen by a fifth despite ‘exceptional’ sales of more than £1billion per week in the pandemic. The closure of pubs and restaurants boosted Britain’s largest supermarket but it was unable to capitalise because of £892million of costs related to the virus. Revenues rose 7 per cent from £49.9billion to £53.4billion in the … Read more