Tesco’s UK sales slide as consumers cut non-essential spending | Business | guardian.co.uk

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Tesco has reported its weakest six-monthly UK sales figures for 20 years as higher food and fuel costs contributed to stark decline in spending on non-essentials such as gadgets, CDs and games in its stores.

UK like-for-likes, excluding petrol and VAT, declined 0.5% in the six months to 27 August, with underlying sales down 0.9% in the final three months of the period.

via Tesco’s UK sales slide as consumers cut non-essential spending | Business | guardian.co.uk.