Tesco’s UK sales growth more than halves amid Iran war uncertainty

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UK’s biggest retailer reports better figures than expected by City analysts and is cheered by strong online sales

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Tesco’s UK sales growth has more than halved as it said the conflict in the Middle East had created “ongoing uncertainty for many households”.

The UK’s biggest retailer said comparable sales rose 1.8% in the three months to the end of May, well below the 4.2% reported in the previous quarter.
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Tesco’s UK sales growth more than halves amid Iran war uncertainty

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