Aldi to plough record £1.3bn investment into UK as profits surge

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Aldi has pledged to invest £1.3bn into upgraded stores and distribution centres over the next two years after it saw record sales figures last year.

In its annual trading update, Aldi reported a 49% increase in pre-tax profits to £271.5m in the year to December 31.

Sales also rose 8.3% to £12.3bn due to an influx of new shoppers, up 6% to 17.6 million in the same year.

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