Tag: Tesco

Comment

There’s no problem with the beef ban

The ban on the sale of beef at uea(su) outlets has sparked outcry from students on social media. However, the fact that this motion was passed at the most recent Union Council meeting demonstrates that there is support for the ban. I, for one, am in favour of the SU’s initiative and think that those…

Finance

The Finance Roundup

Tesco continues profits turnaround New Tesco boss, Dave Lewis, has overseen the revival of the popular supermarket chain’s profits over the past two years. Previously having suffered blows from an accounting scandal, the retailer managed to make pre-tax profits of £1.3bn last year. Shares have risen by around six percent, meaning the company is now…

Science

Cyber-hack attack costs Tesco Bank £2.5 million

In a recent scandal, Tesco Bank customers had £2.5m taken from their accounts after a massive cyber-attack. The bank suspended online banking for all of the 136,000 customers who use it.  They claim that 9,000 customers were affected and that users’ “personal data has [not] been compromised.” It was initially reported that as many as…