12-04-2017 09:48 via uk.news.yahoo.com

Tesco reports annual sales growth for the first time in seven years

Tesco has reported its first annual jump in UK sales for seven years.The country's largest retailer said growth in operating profits and sales - alongside a £1.9bn debt repayment - over the year to 25 February showed its turnaround plans were ahead of its expectations.Its bottom line was hit by a £129m Serious Fraud Office fine, announced last month, as part of a deal to avoid prosecution over the historic accounting practices issue.
Read more »