Tesco reports £3.15bn profit in 2024/25
In its financial results for the year ended 28th February 2026, UK supermarket Tesco achieved a group adjusted operating profit of £3.15 billion, up 0.6% on the year.
In its financial results for the year ended 28th February 2026, UK supermarket Tesco achieved a group adjusted operating profit of £3.15 billion, up 0.6% on the year.
Irish dairy co-operative Ornua published its financial results for the 12 months ending 27th December 2025, reporting a group turnover of €3.5 billion.
Food sales increased by 6.8% year-on-year in March, above the 12-month average of 4.3% growth, however, the outlook remains “uncertain” according to the British Retail Consortium.
UK supermarket Morrisons has confirmed that a number of staff at its Bradford head office are at risk of redundancy as part of a restructure.
Food manufacturer Nestlé has appointed Ben Duncan to its senior leadership team as managing director for Food UK and Ireland.
Government has revealed that high-sugar and deep-fried food items will be removed from school dinner menus with the intention of tackling obesity.