News Desk — April 11, 2018 at 3:23 pm — Updated: April 11, 2018 at 3:23 pm

Tesco profit surge and Booker boost defy UK retail gloom


LONDON (Reuters) – Britain’s biggest retailer Tesco bucked a grim start to the year for the sector with a 28 percent surge in annual profit and a punchy revenue growth target for the newly acquired Booker wholesale business.

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