Tesco sees half-year profits fall
3 October 2012 Last updated at 09:59 BST
The UK's biggest supermarket chain, Tesco, has reported its first fall in profits since 1994.
Pre-tax profit for the six months to 25 August came in at £1.7bn, down 11.6% from the same period last year.
The retailer is in the middle of a £1bn investment programme to improve its stores in the UK.
Chief executive Philip Clarke told the BBC the company are "making improvements that customers will notice".