Tesco shares have fallen by nearly 7 per cent this morning after the supermarket issued a profit warning.
Britain's biggest grocery retailer now expects annual profits to be £400 million lower at £2.4 billion.
Tesco says "challenging trading conditions and ongoing investment...continued to impact the expected financial performance of the Group".
More top news
Fifa is facing a battle to keep World Cup sponsorship deals after several senior officials were arrested on suspicion of corruption.
EastEnders bosses have promised to send Jake Wood's character "out with a bang".
Bono said the death of Dennis Sheehan, who had been the band's manager for more than 30 years, was like "losing a family member".