Price drop promotions in Tesco store
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Tesco reports 5.3% rise in profits

Britain's biggest retailer, Tesco, has announced pre-tax profits of £3.8bn in the year to February, a rise of 5.3% on last year's figures.

In January it issued its first profit warning for 20 years after its Price Drop promotion lead to a sharp fall in the value of its shares.

Brian Milligan reports.

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