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Tesco (TSCO) Share News

TOP NEWS: UK grocers enjoy bumper Christmas and inflation cools

3rd Jan 2024 08:46

(Alliance News) - The UK grocery sector had its busiest festive period since the onset of the Covid-19 pandemic four years ago, numbers from Kantar showed on Wednesday, while price inflation worries for consumers abated. Read More

Aldi and Lidl cheer record festive period with sales up 8% and 12%

2nd Jan 2024 09:23

(Alliance News) - Discounter supermarkets Aldi and Lidl on Tuesday revealed record Christmas trading in the UK, as cash-strapped shoppers looked to cut the costs of their festive celebrations. Read More

LONDON BROKER RATINGS: Exane BNP cuts Shell; JPMorgan cuts WPP

13th Dec 2023 09:15

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning: Read More

M&S, Morrisons used unlawful land deals to block rival shops — UK CMA

6th Dec 2023 11:32

(Alliance News) - Wm Morrisons Supermarkets Ltd and Marks & Spencer Group PLC broke land use laws to stop rival supermarkets opening nearby stores, according to the UK competition watchdog. Read More

LONDON BROKER RATINGS: RBC likes 3i; JPMorgan raises Ocado

6th Dec 2023 09:19

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday: Read More

TOP NEWS: UK grocery inflation eases before bumper Christmas - Kantar

5th Dec 2023 09:16

(Alliance News) - UK grocery price inflation eased in the final quarter of the year, numbers showed on Tuesday, while take-home grocery sales are expected to beat previous records this December. Read More

LONDON BROKER RATINGS: UBS lifts Antofagasta and Anglo American to buy

1st Dec 2023 09:30

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning: Read More

IN BRIEF: Hargreaves Lansdown picks Dechra chair Alison Platt as chair

29th Nov 2023 09:19

Hargreaves Lansdown PLC - Bristol, England-based wealth management platform - Hires Alison Platt, the current chair of Dechra Pharmaceuticals PLC, to be next its non-executive chair. Platt replaces Deanna Oppenheimer, who will leave the Hargreaves board at its annual general meeting on Friday next week, having been chair for six years. Platt will join the Hargreaves board in early 2024. Until regulatory approval for Platt, Senior Independent Director Penny James will be interim chair. Dechra, a veterinary drugmaker, has agreed to be taken over by EQT, which is a Swedish private equity firm, and Luxinva SA, which is controlled by the sovereign wealth fund of the United Arab Emirates. The GBP4.5 billion deal is expected to be completed by early 2024. Platt also is a non-executive director of grocer Tesco PLC and chair of general insurer Ageas (UK) Ltd. Previously, she led estate agent Countrywide as chief executive officer from 2014 to 2018. Read More

LONDON MARKET CLOSE: Pound jumps above USD1.26 mark on Black Friday

24th Nov 2023 16:56

(Alliance News) - Global markets saw a lacklustre session this Black Friday, with European markets edging just slightly higher. Read More

EARNINGS AND TRADING UPDATES: Accsys narrows interim pretax loss

21st Nov 2023 15:08

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More

UK dividends calendar - next 7 days

17th Nov 2023 15:49

Read More

LONDON BROKER RATINGS: Exane BNP cuts Entain but raises SSE

16th Nov 2023 09:40

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday: Read More

TOP NEWS: UK grocery price inflation falls to single-digits

7th Nov 2023 09:53

(Alliance News) - UK grocery price inflation dropped to an eight-month low of 9.7% in the four weeks to October 29, according to survey data from Kantar on Tuesday. Read More

PRESS: Tesco begins process for possible sale of bank arm - Bloomberg

18th Oct 2023 09:57

(Alliance News) - Tesco PLC has kickstarted a potential sale of its banking division, Bloomberg reported on Tuesday. Read More

LONDON MARKET MIDDAY: Stocks push higher as rate rise fears ebb

10th Oct 2023 12:01

(Alliance News) - Stock prices in London were sharply higher at midday on Tuesday, buoyed by comments from US Federal Reserve officials indicating that interest rate rises in the world's largest economy may be at an end. Read More

TOP NEWS: UK grocery price inflation cools; sales lifted by promotions

10th Oct 2023 08:44

(Alliance News) - UK grocery price inflation cooled to a seventh-month low of 11% in the four weeks to October 1 as prices of staple foods dropped, according to survey data from Kantar on Tuesday. Read More

UK dividends calendar - next 7 days

5th Oct 2023 15:47

Read More

LONDON MARKET CLOSE: FTSE 100 falls amid UK smoking bid and oil slump

4th Oct 2023 16:54

(Alliance News) - London's FTSE 100 closed lower on Wednesday, hitting session lows shortly before the end of trading, hurt by falling oil prices and UK regulatory fears for the tobacco sector. Read More

LONDON MARKET MIDDAY: Tesco helps tip FTSE 100 into the green

4th Oct 2023 12:01

(Alliance News) - Stock prices in London were largely lower at midday on Wednesday, though the FTSE 100 eked out a small gain on the back of a strong half-year performance from Tesco. Read More

Tesco "knocking competition out the way" as half-year profit surges

4th Oct 2023 10:32

(Alliance News) - Tesco PLC was the one to beat in the eyes of analysts on Wednesday after the supermarket upped its full-year profit outlook following a surge in interim profit. Read More

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