Keir Starmer

Tesco UK Lifts Profit Outlook Following Strong First Half

Tesco lifted its annual profit forecast after market share gains drove a 10% rise the first half, giving it momentum ahead of Christmas.

British shoppers impacted by the cost of living crisis will not start spending again until the new government sets out tax and spending plans.

British retail sales rose by a stronger-than-expected 1% in August and growth in July was revised up, official figures showed on Friday.

Confidence among Britian’s consumers edged up to its highest point in almost three years, according to the GfK consumer confidence survey.

British consumer spending contracted in June due to poor weather, according to surveys published on Tuesday.

The British Irish Chamber of Commerce has welcomed the ‘stabilisation’ of the trade relationship between Ireland and the UK.

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