08 Oct 2026, 01:00 PM

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Brent crude heads towards $103 a barrel while Asian shares slideTesco shares have gained 2.5% in early London trading, making it one of the top risers on the FTSE 100 index.The wider index is down 0.7%, or 76 points, at 10,381.Tesco has turned in another solid set of results, showing it can keep growing even when the wider economy feels uncertain. Sales, profits, and cash generation are all moving in the right direction, and record customer satisfaction suggests shoppers are responding to its mix of low prices, better quality, and easier ways to shop.Bigger picture, the company’s growth has quietly become a technology story. Clubcard is one of the richest customer datasets in the UK and its retail media business is now using that to sell very effectively to suppliers. On the consumer side, more personalised offers, wider rewards, and tools like the new AI meal planner seem to be landing well with shoppers, helping Tesco deepen relationships and keep customers choosing it over rivals. Continue reading...

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