Live updates

Tesco facing 'challenging' overseas markets

Tesco have suffered a setback in overseas sales figures. Credit: Reuters

Tesco reported a dip in sales in its international markets with underlying sales sharply lower in Thailand, South Korea and Ireland during the third quarter.

The supermarket giant said international conditions remained "challenging".

Like-for-like sales in Asia declined by 5.1 per cent while European figures revealed a like-for-like sales decrease of 4 per cent.

Read: Tesco sales fall down to 'weaker grocery market'

Advertisement

Tesco sales fall down to 'weaker grocery market'

Tesco have blamed a weaker grocery market for its fall in like-for like sales.

Total sales in the UK, including VAT and excluding petrol, increased by 0.9 per cent, however like-for-like sales, excluding both VAT and petrol, decreased by 1.5 per cent for the quarter.

Tesco have announced a drop in like-for-like sales. Credit: PA Wire

The chief executive of the supermarket giant, Philip Clarke, said the results reflect the "continuing pressures on UK household finances".

The company said consumers were still adjusting to the "unprecedented period of declining real incomes and a higher cost of living", and there was weak growth across the UK grocery market.

Advertisement

FSA: Tesco ice cream cones recall is 'precautionary'

The Food Standards Agency (FSA) tonight said Tesco had issued a recall notice on all Tesco 4 x 110ml packs of chocolate and nut ice cream cones following the two incidents.

Tesco has undertaken a precautionary recall of this product as two individual Tesco chocolate and nut ice cream cones have been found to contain a tablet (for pain relief).

It said the supermarket had recalled all date codes of the product and would be displaying recall notices in stores.

Read: Tesco recalls ice cream cones after finding tablets

Tesco recalls ice cream cones after finding tablets

A supermarket has recalled its own brand of ice cream cones after customers found "pain relief" tablets in two individual cornets.

Tesco said it is investigating the incident with their supplier after the tablets were found in two of its own brand chocolate and nut ice cream cones by two separate customers.

A spokesman for the supermarket said there have been no reports of any illness.

Customers have been warned not to eat the product and are advised to return the pack to the store for a full refund or to contact Tesco customer services on 0800 50 55 55.

Tesco rejects claims its Price Promise is 'misleading'

Tesco has rejected claims made by Sainsbury's that its Price Promise is "misleading".

Tesco's UK marketing director David Wood said: "Sainsbury's argument against Price Promise has been heard and rejected twice already.

A Tesco sign.
Tesco has rejected claims made by Sainsbury's that its Price Promise is "misleading". Credit: Rui Vieira/PA Wire

"Tesco Price Promise offers customers reassurance on the price of their whole shop, in store and online, not just the big brand products.

"When family budgets are under pressure, that is the kind of help customers want and the real question for Sainsbury's is why they aren't trying to do the same for their customers."

Read: Sainsbury's seeks Tesco price row review

Load more updates

Advertisement

Today's top stories