Tesco earmarks £400million for cuts to groceries as huge price war with rivals threatens Britain’s biggest retailer

TESCO is flexing its muscles as a huge price war with rivals threatens Britain’s biggest retailer.

The supermarket — which yesterday toasted its highest market share in almost a decade — earmarked £400million for cuts to its groceries.

GettyTesco is flexing its muscles as a huge price war with rivals threatens Britain’s biggest retailer[/caption] The supermarket sent a clear message to rival Asda

That sent a clear message to ASDA and other competitors that they will not be eating its lunch.