Online turns in strong growth for Tesco and Sainsbury alike / Chloe Rigby

Tesco and Sainsbury’s today reported very different financial results. While Sainsbury’s could point to a 2.1% rise in like-for-like sales in the first quarter of its financial year,

Tesco had a 23.5% fall in pre-tax profits to £1.387bn to report in its first half. Despite a 2% rise in group sales to £35.6bn, Tesco’s UK like-for-like sales, excluding petrol, fell by 0.5% in the first half of its year.