~RS~q~RS~~RS~z~RS~54~RS~)
Tesco chief exec Philip Clarke: Not surprised by drop in shares
Tesco's share price has fallen sharply after it announced a drop in sales over Christmas and said it didn't expect its profits to rise significantly over the coming year.
Senior managers at the supermarket said they made mistakes in their festive advertising campaigns.
Tesco chief executive, Philip Clarke, said the international businesses had made good progress despite a challenging economic environment.
Most watched/listened
-
The global middle class revolution
-
Is Torchwood coming back?
-
Testing out battle kit of the future
-
India facing tough flood clear-up
-
High hopes for Bombardier C-series
-
Sao Paulo streets 'filled with protestors'
-
Camera pioneers' work goes on display
-
The 13-year-old fashion blogger
-
India flooding death toll rises
-
Michelle Obama and daughters on tour
-
Turkey's 'silent protest' spreads
-
South Korea in huge defence deal
-
Online teen editor's secrets to success
-
Daniel Radcliffe on his Irish brogue
-
US and Cuba hold direct mail talks
