Tesco profits fall despite sales surge in UK

Wholesale chain takeover spurs best UK sales in decade but new rules in Thailand and Poland cut profits and dent share priceTesco has increased its UK sales at the fastest pace in at least a decade, boosted by strong growth at its new Booker wholesale chain.But shares in the UK’s biggest retail group fell almost 9%, after problems at its Thai and Polish operations meant that operating profits over the first half fell about £45m short of expectations, at £933m.1) Tesco Continue