Shopping basket with handwritten shopping list of priorities for Tesco's new CEO
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Tesco shares drop following second profit warning in two months

29 August 2014 Last updated at 19:03 BST

Shares in Tesco have fallen by more than 6% after it announced its second profits warning in two months.

The supermarket blamed "challenging trading conditions."

It plans to cut costs and says its new chief executive will start work next week.

Kamal Ahmed reports.