Confidence among Britain's shoppers sank to a record low last month as they struggle with soaring inflation - even before the government's new economic plan sent mortgage rates surging and sparked fears of a sharp drop in house prices.
Tesco, which has a 27% share of Britain's grocery market, said on Wednesday customers were continuing to change their shopping habits to save money and reduce waste.
"Our customers are increasingly concerned about household spending and watching every penny to make ends meet," CEO Ken Murphy told reporters.
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