Tesco posts strong sales driven by ‘relentless’ focus on value

Tesco has seen a 7.8% increase in like-for-like sales in the first half of its financial year, as it committed to continuing keeping food prices as low as possible for shoppers amid the current cost of living.
Like-for-like sales at the supermarket giant’s UK & ROI business rose 8.4%, with the UK up 8.7% and Republic of Ireland up 6.9%.
On a reported basis, sales rose 8.4% at constant exchange rates to £30.75bn in the period, while adjusted operating profit was up 13.9% to £