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Will price cuts at Tesco restore profits?

Tesco is to slash millions of pounds off prices in an attempt to win back customers after a second year of falling profit. As Ciara Sutton reports the pressure is on chief executive Philip Clarke.

http://www.wbir.com/video/3474250608001/1/Will-price-cuts-at-Tesco-restore-profits http://cdn.newslook.com/2c/2c8c1e1e3e9867820c64a5449aa9e1b7/images/frame_ext.jpg Will price cuts at Tesco restore profits? Tesco is to slash millions of pounds off prices in an attempt to win back customers after a second year of falling profit. As Ciara Sutton reports the pressure is on chief executive Philip Clarke. Marks & SpencerFinanceReutersEdward GarnerEuropeCiara Suttonasianewslookrobert coleUnited States of Americaphilip clarkeChinaJapan 02:30

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