The UK’s largest supermarket said it is forecasting its full-year profit to be slightly higher than previous guidance thanks to a stronger-than-expected recent performance

The UK’s largest supermarket said it is forecasting its full-year profit to be slightly higher than previous guidance.

The UK’s biggest supermarket said shoppers were buying more items than they were last year.

The UK's biggest supermarket said shoppers were buying more items than they were last year

'While they are not doing cartwheels down the hallway, customers are in reasonably good shape'

Tesco has lifted its annual profit guidance despite a slight underlying slowdown in the second quarter, as growth remained resilient across its main retail operations.

Telecom Plus reported continued robust growth in customer numbers in a first-half update on Thursday, with a rise of 67,000 customers in the six months ended 30 September.

London open The FTSE 100 is expected to open six points higher on Thursday, having closed up 0.17% on Wednesday at 8,290.86.

The company, which operates pubs across the south of England, said it has seen a surge in drink sales as the return of more office workers boosts trade

The pub group and brewer said it shifted its beer business further away from retailers, such as supermarkets.

Topps has been among retailers in the DIY sector to flag waning interest among households for home renovations

Tile retailer Topps Tiles reported a slight sequential improvement in its fourth quarter as the decline in like-for-like sales eased, with the company pointing to a "stronger market" next year.

The group reported total revenues of £5bn in the 26 weeks to August, which it said was a record amount