Tesco PLC staff set for £134m sharesave windfall as UK grocery inflation ticks up
Tesco said over 22,000 staff will share up to £134 million from its Save As You Earn scheme, with average payouts of £5,000–£8,000. UK grocery inflation rose to 4.3% in the four weeks to Feb. 22, while Tesco’s market share increased to 28.7%. UBS raised its target price for Tesco to 530p ahead of April results.