Advertisement
UK markets closed

  • FTSE 100

    8,139.83
    +60.97 (+0.75%)
     

  • FTSE 250

    19,824.16
    +222.18 (+1.13%)
     

  • AIM

    755.28
    +2.16 (+0.29%)
     

  • GBP/EUR

    1.1681
    +0.0024 (+0.21%)
     

  • GBP/USD

    1.2493
    -0.0018 (-0.14%)
     

  • Bitcoin GBP

    51,203.66
    -459.86 (-0.89%)
     

  • CMC Crypto 200

    1,328.85
    -67.69 (-4.85%)
     

  • S&P 500

    5,113.16
    +64.74 (+1.28%)
     

  • DOW

    38,314.91
    +229.11 (+0.60%)
     

  • CRUDE OIL

    83.80
    +0.23 (+0.28%)
     

  • GOLD FUTURES

    2,348.00
    +5.50 (+0.23%)
     

  • NIKKEI 225

    37,934.76
    +306.28 (+0.81%)
     

  • HANG SENG

    17,651.15
    +366.61 (+2.12%)
     

  • DAX

    18,161.01
    +243.73 (+1.36%)
     

  • CAC 40

    8,088.24
    +71.59 (+0.89%)
     
PROPERTY:

9 luxury homes to consider if money is no object

Ever thought about what a multimillion pound budget would buy you?

Tesco names new brand director after record loss

Reuters - UK Focus

LONDON, April 24 (Reuters) - Britain's biggest supermarket chain Tesco (Xetra: 852647 - news) named Michelle McEttrick as its group brand director, bringing in the former chief marketing officer of the global retail bank at Barclays (LSE: BARC.L - news) to help its turnaround.

Tesco's new chief executive Dave Lewis is trying to lead a recovery at the company which on Wednesday reported one of the biggest annual losses in British corporate history, having lost market share to fierce competition at home.

"Michelle brings a real diversity of expertise and experience to Tesco. Her experience spans working on and leading the rejuvenation of British Airways and Barclays," Tesco's group customer officer Robin Terrell said in a statement on Friday.

McEttrick will join Tesco on May 18. (Reporting by Sarah Young; editing by David Clarke)