Tesco full-year profits skyrocket bolstered by 'strong' sales

Tesco store

Tesco’s preliminary profits have more than tripled as boss Ken Murphy hails the grocer’s “strong performance” and says the chain is better placed than its rivals to tackle the looming cost of living crisis for shoppers.

As a result of this strong performance Tesco has proposed a 19% year-on-year uplift in its final dividend.

 

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