VIDEO: UK Tesco sales dip by 1.5 per cent

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Tesco’s recovery plans in the UK received a setback today as the supermarket chain reported a fresh dip in quarterly sales.

Chief executive Philip Clarke, who is overseeing a £1 billion plan to refresh the business, said the 1.5% decline on a like-for-like basis was in line with weaker growth across the whole market. The group is also facing challenging conditions in its international markets, with underlying sales sharply lower in Thailand, South Korea and Ireland during the quarter to November 23.

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