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Pin to quick picksTesco Share News (TSCO)

Share Price Information for Tesco (TSCO)

London Stock Exchange
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Share Price: 298.30
Bid: 298.00
Ask: 298.20
Change: -1.50 (-0.50%)
Spread: 0.20 (0.067%)
Open: 300.20
High: 300.80
Low: 297.70
Prev. Close: 299.80
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Asda launches green strategy to cut single-use plastics

Tue, 20th Oct 2020 09:52

(Sharecast News) - Asda launches fruit and vegetable strategy in new sustainability store to try to cut down on single-use plastics and promises "greener" products without packaging at the same price.
To promote sustainability, Asda will be launching Greener at Asda Price, a promise that loose and unwrapped fruit and vegetables will not cost more than their wrapped equivalents at any of its stores.

The move is an attempt to reduce complaints from customers that greener alternatives to their ordinary groceries usually come with a hefty price tag.

At its new-style shop in Middleton, a suburb of Leeds, a "live" trial will be held and monitored from Asda's nearby head office, with customers asked to give feedback on the various schemes that could be a model for other stores.

The trial store's scheduled opening in May was delayed owing to Covid-19.

The store will offer 53 fresh produce lines in loose and unwrapped format. The store will also have recycling facilities for items that are difficult to recycle such as crisp packets, toothpaste tubes and cosmetic containers in general.

"Today marks an important milestone in our journey as we tackle plastic pollution and help our customers to reduce, reuse and recycle," said Roger Burnley, Asda's chief executive. "We have always known that we couldn't go on this journey alone, so it is fantastic to work in tandem with more than 20 of our partners and suppliers who have answered the call to test innovative sustainable solutions with us."
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LONDON MARKET CLOSE: FTSE 100 falls at end of tepid week

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9 Feb 2024 15:15

London close: Stocks turn sour in afternoon trading

(Sharecast News) - London's markets turned lower on Friday afternoon, concluding a volatile week on a negative note.

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9 Feb 2024 12:46

Barclays pledges to stop directly financing new oil and gas projects

(Alliance News) - Barclays PLC has promised to stop directly financing energy clients' new oil and gas projects as part of updates to its climate change strategy.

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9 Feb 2024 11:44

LONDON MARKET MIDDAY: European markets quiet heading into afternoon

(Alliance News) - European stock markets were quiet heading into Friday afternoon, as investors eye the annual US consumer price index benchmarks revisions.

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9 Feb 2024 08:49

LONDON MARKET OPEN: Tesco bank sold to Barclays for GBP600 million

(Alliance News) - Stock prices in London lacked direction on Friday, after Barclays announced plans to buy the retail banking business of Tesco Bank.

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9 Feb 2024 07:59

TOP NEWS: Barclays buys Tesco Bank as supermarkets refocus on food

(Alliance News) - Barclays PLC and Tesco PLC on Friday announced an agreement for Barclays to buy the retail banking business of Tesco Bank, as the big UK supermarkets scale back their forays into financial services.

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9 Feb 2024 07:51

LONDON BRIEFING: Barclays buys Tesco's retail banking business

(Alliance News) - Stocks in London are called to open higher on Friday, closing off a busy corporate week.

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9 Feb 2024 07:03

Tesco sells banking unit to Barclays for £600m

(Sharecast News) - UK supermarket giant Tesco has sold its most of its retail banking business to Barclays for £600m, the two companies said on Friday.

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30 Jan 2024 09:02

TOP NEWS: UK grocery price inflation slowdown pauses in January

(Alliance News) - UK consumers continued to hunt for deals during their supermarket shopping in January, numbers from Kantar on Tuesday showed, but more limited promotional activity meant price inflation only eased slightly.

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30 Jan 2024 09:01

LONDON MARKET OPEN: Stocks up; UK grocery price inflation cools

(Alliance News) - Stock prices in London opened higher on Tuesday, after new data showed that UK grocery price inflation eased in January.

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26 Jan 2024 16:21

London close: Stocks finish higher as US inflation cools

(Sharecast News) - London's financial markets closed positively on Friday, as investors were buoyed by an optimistic consumer confidence survey and a lower-than-anticipated inflation reading from across the pond.

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26 Jan 2024 13:52

JPMorgan Cazenove cuts Tesco, Sainsbury's price targets

(Sharecast News) - Tesco and Sainsbury's were in the red on Friday after JPMorgan Cazenove cut its price targets on the shares, saying it remains cautious on the UK grocery space fundamentally, which based on its investor feedback "appears still to be a contrarian stance".

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26 Jan 2024 09:07

LONDON BROKER RATINGS: Morgan Stanley ups Rightmove; Deutsche cuts IHG

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday:

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23 Jan 2024 11:23

Staffline shares fall as profit declines; notes headwinds

(Alliance News) - Staffline Group PLC on Tuesday said underlying operating profit fell in line with market expectations in 2023 as it aimed to "deliver progress into 2024" despite headwinds.

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19 Jan 2024 11:19

Grim UK retail sales knock sterling and lift gilts

LONDON, Jan 19 (Reuters) - The pound sagged and UK government bond prices rose on Friday, after a shock drop in British consumer spending in December raised the risk of recession, putting a stop to the currency's recent gains.

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