Bank of England expected to leave interest rates on hold today; oil and gas prices lowest since early days of Iran war – business live
Rolling coverage of the latest economic and financial news, including the latest UK jobs report and the Bank of England’s interest rate decision at noon 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”, knocking its shares in early trading. The UK’s biggest retailer said comparable sales rose 1.8% to £13.4bn in the three months to the end of May, below both the 4.2% reported in the previous quarter and t
Rolling coverage of the latest economic and financial news, including the latest UK jobs report and the Bank of England’s interest rate decision at noon
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”, knocking its shares in early trading.
The UK’s biggest retailer said comparable sales rose 1.8% to £13.4bn in the three months to the end of May, below both the 4.2% reported in the previous quarter and the 2.3% growth City analysts had expected.
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