Tesco stokes up shop price war

TESCO, Britain’s biggest retailer, is expanding its price-cutting campaign as grocers battle to lure cash-strapped shoppers in the run up to the key Christmas trading period.

Tesco, which takes more than one in every ten pounds spent in British shops, said yesterday it was reducing the price of 1,000 staple products, including meat, fruit and vegetables.

The move follows the “Big Price Drop” launched two months ago,