Mr Allan says the comments were "humorous" and a "rather colourful turn of speech" used to encourage an audience of budding business people.Read the full story ›
Tesco has reached an agreement to merge with food wholesaler Booker in a £3.7 billion deal.
The supermarket giant said the agreement will create "the UK's leading food business" and deliver significant efficiency savings for the combined group.
ITV News Consumer Editor Chris Choi said it raises questions over market dominance:
Some will ask why Britain's biggest grocery retailer has been allowed to buy Britain's biggest food wholesaler - too much market dominance?
Tesco now has UKs largest uk food business
Tesco chief executive Dave Lewis said: "Tesco has made significant progress in turning around our UK retail business.
"This merger with Booker will further enhance Tesco's growth prospects by creating the UK's leading food business with combined expertise in retail, wholesale, supply chain and digital."
Tesco says that 1,015 people will be made redundant as part of a shake-up of its distribution network.Read the full story ›
Some families reportedly tucked into their supermarket-bought turkeys on Christmas day to find them green inside.Read the full story ›
A young mum whose baby cannot tolerate breast milk criticised Tesco after she was refused a free parking voucher for buying formula milk.Read the full story ›
Tesco Bank has paid out an estimated £2.5 million to 9,000 customers after suffering a hacking attack.Read the full story ›
A Tesco Bank customer whose account has been frozen has been left "completely stuck", unable to withdraw money from his account, following a hacking attack on the bank.
Dave Turner said he had attempted to contact the bank to find out why he cannot use his account, but they "seemed confused".
Tesco Bank has said customers will not be able to complete transactions online throughout Monday in an emergency security measure, yet Mr Turner is unable to use his card at cash machines and does not dare to use it in chip and pin devices and be left unable to pay for something.
More than 24 hours after contacting the bank, the father from Portsmouth said he had still not heard back which was "unacceptable" and "pretty poor really", and had only received a generic text message at 4am on Monday morning.
Mr Turner has said he will look into opening an account with another bank after being left relying on money lent to him from family and friends, adding "it's happened this time, so yeh, it could happen again".
At least 20,000 customers had money stolen from their accounts. Here's what you need to know if you are affected.Read the full story ›
Tesco Bank is stopping online transactions for current account customers after 20,000 lost money during a hacking attack at the weekend.Read the full story ›