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Easing inflation lifts profit at UK supermarket Tesco [Video]

Supermarket group Tesco, Britain’s biggest retailer, said Thursday that net profit gained in its first half as cost pressures eased for consumers and companies. Profit after tax jumped 13 percent to 1.1 billion ($1.4 billion) in the six months to late August from a year earlier with sales rising as inflation cooled, Tesco said in