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Evening Standard
Evening Standard
Business
Graeme Evans,Michael Hunter and Simon English

FTSE 100 Live 10 April: Shares near record high ahead of US inflation, Tesco profits up, THG sales dip

Tesco Ken Murphy Inflation United States

Tesco boss Ken Murphy today hailed the supermarket’s strong performance after reporting a 12.8% rise in annual operating profits to £2.8 billion.

Other companies in the results spotlight today include the beauty and nutrition business THG and the advertising firm M&C Saatchi.

Traders are also focused on the interest rates outlook ahead of today’s release of US inflation figures for March. The reading is expected to show a rise to 3.4%.

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