Tesco profit plunges amid price battles and shoppers returning to restaurants post-Covid

Tesco has reported a slimmer profit for the first half, after customer behaviour has normalised after lockdown and the supermarket has invested in keeping its prices competitive for shppers. The country’s largest supermarket posted a £413m profit before tax on Wednesday, down 64 per cent versus the first half of 2021 when shoppers flocked to [...]