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Tesco Plc Extends The Price War Front Line To Banking

Shareholders in the big supermarkets have felt the impact of the price war that has racked the sector, with margins, sales, profits, dividends and share prices all plunging. So what are they to make of news that Tesco (LSE: TSCO) is cutting the cost of banking, too?

Elsewhere in the market, the Fool's experts believe sales could treble in just five years at this e-commerce stealth attack whose maverick CEO may have been underestimated by the City. For more free information on this daring buy, click here now.

 

Owain Bennallack owns shares in Tesco. The Motley Fool UK has no position in any of the shares mentioned. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors.