Personal Finance - Tesco

: In November 2024, Tesco completed the sale of its core banking business—including credit cards, personal loans, and savings portfolios—to Barclays Bank UK PLC for approximately £700 million.

: On December 6, 2024, the entity was re-registered from a Public Limited Company (PLC) to a Private Limited Company following the disposal of its banking assets. Operational & Financial Performance tesco personal finance

: For the 2025/26 financial year, the parent company reported an operating profit of £3.15 billion, with statutory pre-tax profits rising by 8.5%. : In November 2024, Tesco completed the sale

As of early 2026, the company has undergone a fundamental shift in its business model. : In November 2024