Tesco’s CEO Dave Lewis still has a trolley of problems

Cutting prices of Christmas puddings, turkeys, sprouts, and mince pies helped Tesco pull a better-than-expected performance out of its shopping bag over the holiday period.

Britain’s biggest grocer, which was plunged into the worst crisis in its almost 100-year history in 2014 after it overstated profit, said UK same-store sales rose 1.3% in the six weeks to January 9, much better than expected.

The volume of goods sold was up 3.5%.