Tesco not profiteering amid cost of living crisis, says boss
The boss of Tesco (TSCO.L) on Thursday hit back at the suggestion Britain’s biggest retailer is making excessive profits as consumers struggle with a cost of living crisis. Consumer group Which? and trade union Unite were both critical of the retail profit of 2.49 billion pounds ($3.11 billion) Tesco made in its 2022-23 financial…