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?
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Tesco Plc Extends The Price War Front Line To Banking
VIDEO: One Fool puts Tesco plc (LON:TSCO) under the spotlight.
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Youâre reading a free article with opinions that may differ from The Motley Foolâs Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More.
RISK WARNING: should you invest, the value of your investment may rise or fall and your capital is at risk. Before investing, your individual circumstances should be assessed. Consider taking independent financial advice. The Motley Fool believes in building wealth through long-term investing and so we do not promote or encourage high-risk activities including day trading, CFDs, spread betting, cryptocurrencies, and forex. Where we promote an affiliate partnerâs brokerage products, these are focused on the trading of readily releasable securities.