Tesco boosted by Moody’s upgrade
With the Tesco share price up c20% this year, there was more good news for investors today with Moody’s Investors Service announcing that it has upgraded the Tesco plc credit rating to Baa3; stable outlook. Moody’s senior credit officer David Beadle said, “today’s upgrade reflects the improvement in Tesco’s operating profit over the last few years … Read more