Tesco

Tesco launches collaborative VC fund with global grocery retailers

Tesco has become one of five leading global grocery retailers to establish a “pioneering” collaborative grocery venture fund, W23 Global.…

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Tesco and NatWest join forces to help farmers with decarbonising costs

Tesco and NatWest have launched a new discounted climate and sustainable finance scheme for 1,500 of the retailer’s farmers providing…

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Tesco raises pay by 9.1% amid ‘record’ £300m investment

Tesco has increased base pay for staff by 9.1%, amid a “record” investment of more than £300m in hourly pay.The…

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Tesco launches Accelerator Programme for developing brands

Tesco has welcomed 27 up-and-coming brands to its Welwyn Garden City campus as it launched its new innovation initiative, the…

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Tesco boss calls for youth employment reform

Tesco CEO Ken Murphy has called on the government to make youth employment a priority, claiming the apprenticeship levy is…

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Tesco sells banking arm to Barclays in £700m deal

Tesco has announced the sale of its banking arm to Barclays in a £700m deal. Initially for a 10-year period,…

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Tesco ups guidance as sales jump 6.9%

Tesco has announced that its sales increased 6.9% for the 19 weeks ended 6 January 2024 after stronger than expected…

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Tesco and The Entertainer announce extended partnership

Tesco and The Entertainer have recently announced they are extending their partnership to cover the entire Tesco UK business, and…

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Tesco predicts record demand for no and low alcohol drinks

Shoppers are set to create record demand for no and low alcohol beer, wines and spirits this Christmas, according to…

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Today’s news in brief-27/10/23

Tesco has appointed Matthew Barnes as the new UK CEO, effective March 2024, succeeding Jason Tarry, who will step down…

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