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US presidential election

Sour note for Tesco over Fresh & Easy results

By Elizabeth Rigbyand Tom Braithwaite

Published: April 1 2008 22:58 | Last updated: April 1 2008 22:58

Tesco has come under fire from a supporter of its Fresh & Easy launch over an apparent U-turn on a pledge to report separate numbers for its fledging US business.

James Anstead of Citigroup, the UK’s top-rated food retail analyst, said in a recent note that Tesco was shying away from a promise to break out the US as a separate business unit, having told analysts that it would when it reports full-year results this month.

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