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LSE:TSCO 20 January 2026 - 19 June 2026

Bank of England holds rates as energy shock eases, but inflation risk keeps cuts distant

Bank of England holds rates as energy shock eases, but inflation risk keeps cuts distant

The Bank of England held interest rates at 3.75%, choosing not to follow the European Central Bank and Bank of Japan into fresh tightening as policymakers judged that Britain’s latest energy-driven inflation shock may fade, but not quickly enough to relax policy. The 7-2 vote keeps borrowing costs unchanged for now. It also leaves households, mortgage borrowers and businesses in the same uneasy place: rates are already restrictive, inflation is above target, and the next move is still not safe to call. Bank Rate is the BoE’s core policy rate, which affects what banks charge on loans and pay on savings.
UK Stock Market Today: FTSE 100 Slips as Oil Jump Puts BoE Week in Focus

UK Stock Market Today: FTSE 100 Slips as Oil Jump Puts BoE Week in Focus

The FTSE 100 slipped in early Monday trading, dipping 0.30% to 10,348.26 by 09:09 BST, according to Investors Chronicle data, after opening flat. London’s main index felt the drag from firmer oil prices, as stalled U.S.-Iran negotiations kept market sentiment wary ahead of a week packed with central bank action. This isn’t just about commodities anymore—the oil shock has broader implications. The Bank of England looks set to keep Bank Rate steady at 3.75% this week. Still, by Friday, investors had completely priced in a 25 basis-point hike for July, and another for September, according to Reuters. A quarter-point bump equals 25 basis points.
Tesco PLC Tests 24/7 Royal Mail Parcel Lockers at UK Stores as Convenience Race Intensifies

Tesco PLC Tests 24/7 Royal Mail Parcel Lockers at UK Stores as Convenience Race Intensifies

Tesco has rolled out Royal Mail parcel lockers outside a handful of UK stores, letting customers collect, send, or return parcels anytime—part of the grocer’s ongoing move to bolt on more services to the weekly shop. Royal Mail kicked off the six-month pilot at locations such as Ashby-de-la-Zouch, Barrow, Burnham-on-Sea, Bury, Cullompton, Horwich, March and Preston, according to a statement Monday. Timing counts for Tesco. The grocer’s effort to hang onto recent share gains comes as competition in the sector heats up again. In the 12 weeks to Feb. 22, Tesco’s sales climbed 4.5% and market share hit 28.7%, according to Worldpanel figures out last week. Grocery inflation nudged higher, now at 4.3%. Sainsbury’s picked up share too, while Asda slipped.
10 March 2026
Tesco grabs Amazon Fresh’s abandoned London stores as it rolls out 70+ new Express shops

Tesco grabs Amazon Fresh’s abandoned London stores as it rolls out 70+ new Express shops

Tesco is picking up five former Amazon Fresh locations in London, planning to relaunch them as Tesco Express outlets ahead of summer. The move adds to its broader push for more convenience stores, with the retailer aiming for 70-plus new Express sites by March 2027. Tesco opened 60 Express stores in 2025 and now operates just over 2,000 across the UK and Ireland. Shares barely budged in London. Britain’s grocery battle has shifted to convenience. Fewer shoppers are filling up trolleys in one go; instead, quick top-up trips are on the rise, and that’s exactly the kind of rapid-fire, repeat spending retailers are after.
10 February 2026
Kerrygold butter price drops in Ireland as SuperValu, Centra and Tesco join the cuts

Kerrygold butter price drops in Ireland as SuperValu, Centra and Tesco join the cuts

SuperValu and Centra, both owned by Musgrave, slashed prices on Kerrygold butter on Friday, with Tesco swiftly matching the move. Ireland’s top grocers are stepping up the battle over essential items. The price for a 454g pack of Kerrygold fell to €4.99 from €5.49, while smaller packs dropped to €2.99 from €3.29. This comes despite official figures showing the national average price of butter increased by 54 cents per pound over the year to December. The timing is crucial as food inflation continues to outpace many household incomes, with butter standing out as a clear indicator of rising grocery costs. Ireland’s EU-harmonised inflation rate hit 2.6% year-on-year in January, while food prices climbed 3.9% over the past year, according to the Central Statistics Office. “Food prices … increased by 3.9% in the last 12 months,” said Anthony Dawson, statistician in the CSO Prices Division.
30 January 2026
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Stock Market Today

  • Sensex, Nifty Start Weak as US-Iran Talks Loom, FIIs Keep Selling
    June 30, 2026, 3:53 AM EDT. Indian shares slipped at the open, with Sensex down 372.10 points at 76,728.37 and Nifty off 109.75 points at 23,946.25. Markets tracked jitters ahead of US-Iran negotiations in Doha and more foreign institutional investor (FII) selling. FIIs dumped Rs 1,350.10 crore of equities on Monday. Brent crude eased 0.56% to $72.74. Asian markets traded mostly up, barring Hong Kong. U.S. stocks finished firmer, Nasdaq gained 2.07%, the S&P 500 added 1.18%. Traders on watch for signs that West Asia tensions may cool.
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