Sales boost for price-cutting Tesco

Grocery giant Tesco’s expansion throughout the UK and Ireland looks set to continue after it posted another strong rise in sales…

Grocery giant Tesco’s expansion throughout the UK and Ireland looks set to continue after it posted another strong rise in sales today.

The group, which announced full-year profits of £1 billion sterling in April, said like-for-like sales in the last three months were 6.7 per cent ahead on last year.

Tesco added today that it planned to reward shoppers with a further round of price cuts on Monday worth £60 million sterling.

The company has 75 outlets and employs 9,500 staff in the Republic.