Tesco, United, Asda: Everything that matters this morning

Tesco returns to sales growth for first time in seven years
Tesco’s like-for-like sales were up in 2017, it first growth in seven years as its turnaround continues to take hold. Sales at its core UK business were up by 0.9%, while food was up 1.3%. Total revenues increased by 3.7% year on year to £55.9bn but pre-tax profits dropped by almost 40% due to a charge related to its payment to the Financial Conduct Authority and Serious Fraud Office after Tesco was found to have overstated