Tesco Shares Plunge 8% Despite Profit Return

Tesco boss Dave Lewis has said he led the business out of crisis after it swung to an annual pre-tax profit of £162m following a record loss of £6.33bn a year ago. It also reported a 0.9% rise in UK like-for-like sales for the fourth quarter, its first full quarter of growth since 2013 - as the group's recovery under Mr Lewis gathers pace. Tesco said it was continuing to cut prices to stay competitive in a "challenging, deflationary and uncertain market" - and warned this would slow