Article 74ZNC Tesco warns profits could fall amid Iran war uncertainty

Tesco warns profits could fall amid Iran war uncertainty

by
Sarah Butler
from World news | The Guardian on (#74ZNC)

UK's biggest supermarket voices caution for year ahead despite annual profits rising 8.5% to 2.4bn

Tesco has warned that profits could fall back in the year ahead amid increased uncertainty caused by the conflict in the Middle East".

The warning came after the UK's biggest supermarket hit its highest share of the market in a decade.

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