Tesco share price edges up as UK shop-price inflation jumps, BoE decision looms
Tesco shares rose 0.12% to 420.5p in early London trading, moving between 418.5p and 423.2p. UK shop-price inflation hit its fastest pace since February 2024, with food prices up 3.9% year-on-year, BRC data showed. The Bank of England will announce its rate decision on Feb. 5. Tesco reports earnings in April.