Tesco is one of the worlds leading international retailers. Since the company first the trading name of Tesco, in the mid 1920s, the group has expanded into different formats, different markets and different sectors. The UKs leading retailer Tesco was floated on the stock exchange in 1947 and in 1995 took over rival Sainsburys position as the UK number one. The principal activity of the group is food retailing, with over 2,000 stores worldwide. Tesco has a long term strategy for growth, based on four key parts: growth in the Core UK business, to expand by growing internationally, to be as strong in non-food as in food and to follow customers into new retailing services. The company launched a home shopping service in 2000, allowing customers to order their shopping online. Tesco is now expanding its convenience stores and overseas into areas such as Taiwan, Malaysia, Poland, the US and Ireland.

Upper graph = 12 month share price with 6 month moving average
Lower graph = 12 month volume (red line = volume average).

In a straw poll, 8 out of 10 people couldn't tase the difference!

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Unlike this case - that was never proven to be true.

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Those 2 words have different connotations for me!

now then skinny :0

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Similar!

:-)

KETTYLE BEEF

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Posted elsewhere :-)

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I've just received a text - "Tesco Burgers - Low in fat, high in Shergar"

I'll get me coat!

Tesco shares fall on horse meat discovery
Wed 16 Jan 2013


LONDON (SHARECAST) - Tesco’s shares fell Wednesday after horse meat was discovered in the supermarket chain’s beefburgers.

Tests on beef products sold in British grocers including Tesco, Lidl, Aldi, Iceland and Dunnes Stores, showed low levels of the animal’s DNA.

The Food Safety Authority of Ireland (FSAI) have carried out an investigation with Irish authorities which found Britain was one of the areas affected.

The products were produced by processing plants in Ireland, namely Liffey Meats and Silvercrest Foods, and one in the UK, namely Dalepak Hambleton in North Yorkshire.

Products tested in Ireland contained 37% horse meat, while 85% contained pig DNA. Horse and pig meat were found in 27 beef burger products.

Tim Smith, the Group Technical Director of Tesco, was quoted in London’s Daily Telegraph as saying: “The presence of illegal meat in our products is extremely serious. Our customers have the right to expect that food they buy is produced to the highest standards.”

Prof Alan Reilly, the Chief Executive of the FSAI, said the reason pig meat was found in products could be due to the fact that different animals are processed in the same plant.

However, he also said there was no clear explanation for the presence of horse DNA in products.

An FSA spokesman said there were continuing to investigate the issue.

Tesco’s shares dropped 1.10% to 345.75p at 8:58 Wednesday

hasn't taken too big a hit at the mo so holding tight.,.

Dont bolt off Bb :-))

I won't be reining in just yet.,.

Enough of this horse play, lets keep it on the straight...

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Last night I had a burger from Tesco,this morning I think I had a bit between my teeth