Tesco reports 5.3% rise in profits
Britain's biggest retailer, Tesco, has announced pre-tax profits of £3.8bn in the year to February, a rise of 5.3% on last year's figures.
In January it issued its first profit warning for 20 years after its Price Drop promotion lead to a sharp fall in the value of its shares.
Brian Milligan reports.
18 Apr 2012
- From the section Business