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Tesco reveals 3.7% fall in like-for-like sales in first quarter

Tesco chief executive Philip Clarke unveiled a third successive quarter of worsening sales decline and indicated there was little immediate prospect of an end to the gloom. Britain's biggest supermarket recorded a like-for-like sales fall of 3.7%.

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Tesco sales 'may get worse before getting better'

Tesco chief executive Philip Clarke today unveiled a third successive quarter of worsening sales decline and indicated there was little immediate prospect of an end to the gloom.

ITV News Business Editor Joel Hills is following developments:

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