Tesco’s UK sales growth more than halves amid Iran war uncertainty
Tesco reported a UK sales growth of 1.8% in the three months to May, significantly down from 4.2% in the previous quarter. The retailer attributed the slowdown to uncertainty from the conflict in the Middle East impacting consumer confidence. Despite the decline, Tesco aims to maintain profit expectations of £3.25 billion this financial.
Summary by OZbrief Editorial · The Guardian Australia – Business · Source
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Published 18 Jun 2026, 06:59 UTC · Updated 18 Jun 2026, 07:21 UTC
Summary by OZbrief Editorial. Original report: The Guardian Australia – Business. Editorial policy · Corrections
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