Tesco

Tesco signs new wind farm deal to accelerate renewable energy projects

Tesco has announced it has signed a new deal to take 150GWh of power from Stranoch wind farm every year. …

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Tesco CEO pay doubles to almost £10m

Tesco CEO Ken Murphy has seen his pay more than double over the last year, taking home £9.93m, as the…

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Tesco boss to receive record £10m pay packet

Tesco’s chief executive Ken Murphy is set to receive a £10m pay this year, according to The Times. The unprecedented…

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Tesco profits soar in FY results as inflation eases

Tesco has seen pre-tax profits soar by 159.5% to £2.3bn in its full-year results, up from £882m the prior year,…

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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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