Tesco is cutting 400 jobs across its stores and head office management, after revealing it is embarking on a major efficiency programme to “simplify” the business. The supermarket said the cuts were caused by the “more competitive than ever” grocery market, which meant it has to find new ways to invest in price.

Tesco has announced it will cut 400 jobs as it unveils plans to "simplify" its in-store bakeries. It has been reported that most of those impacted will be workers employed with the bakery team as the brand looks to have goods baked outside the supermarket.