Tesco Pay and Money Report

May 15, 2026, 14:21
UKFinance

Introduction

Tesco shared its money report for the year. The company grew, so the bosses got more money.

Main Body

The boss, Ken Murphy, got £10.8 million. This is £1 million more than last year. Tesco made £3.15 billion in profit. More people are shopping at Tesco now. Tesco wanted to stop food waste. They wanted to reduce it by 50%. They only reduced it by 24%. Now, they have a new goal for the bosses. Tesco gave more money to its workers. They spent over £200 million on higher pay. However, some workers are in court. They want equal pay for their jobs.

Conclusion

Tesco is making more money and growing. But it has problems with the law and the environment.

Learning

The Power of "More"

In this story, we see one word used many times to show a change: More.

How it works: Use "more" when you want to say something is increasing. It is the simplest way to compare now to the past.

Examples from the text:

  • ...bosses got more money.
  • ...more people are shopping.
  • ...making more money.

Quick Guide: Less →\rightarrow More →\rightarrow Most

Common Pairings:

  • More + Money
  • More + People
  • More + Pay

Tip: If you want to reach A2, stop using "very big" or "a lot of" all the time. Use "more" to show a direction of growth.

Vocabulary Learning

shared (v.)
to give part of something to others
Example:They shared the pizza with everyone.
money (n.)
coins or banknotes used to buy things
Example:I need money to buy a book.
report (n.)
a written statement about something
Example:She wrote a report on the project.
year (n.)
a period of twelve months
Example:My birthday is in a month, next year.
company (n.)
a business that sells products or services
Example:He works for a tech company.
grew (v.)
to become larger or greater
Example:The plant grew taller after watering.
boss (n.)
the person in charge of a workplace
Example:The boss gave us a new task.
got (v.)
received or obtained
Example:She got a new phone.
more (adj.)
additional quantity
Example:I need more time to finish.
profit (n.)
money earned after expenses
Example:The shop made a profit last month.
shopping (n.)
the act of buying goods
Example:I went shopping for clothes.
wanted (v.)
desired or wished for
Example:He wanted a new bike.
stop (v.)
to end or cease
Example:Please stop talking.
food (n.)
things that can be eaten
Example:We have a lot of food at the table.
waste (n.)
things that are useless or not needed
Example:Recycle to reduce waste.
reduce (v.)
to make something smaller or less
Example:We can reduce the amount of sugar.
new (adj.)
not old or existing before
Example:She bought a new car.
goal (n.)
a target or aim to reach
Example:My goal is to learn English.
workers (n.)
people who do work for a company
Example:The workers finished the project.
spent (v.)
used up money or time
Example:He spent all his savings.
higher (adj.)
greater in amount or level
Example:Higher wages are good.
pay (n.)
money given for work
Example:She receives a good pay.
court (n.)
a place where legal cases are heard
Example:He went to court for a lawsuit.
equal (adj.)
the same in value or amount
Example:Everyone should have equal rights.
jobs (n.)
positions of employment
Example:There are many jobs available.
making (v.)
the process of creating or producing
Example:They are making a new product.
problems (n.)
difficulties or issues
Example:We have many problems to solve.
law (n.)
rules that must be followed
Example:The law says you must wear a seatbelt.
environment (n.)
the surroundings or conditions in which a person lives
Example:We should protect the environment.
over (prep.)
above or beyond
Example:The picture hangs over the sofa.
by (prep.)
near or next to
Example:She sat by the window.
for (prep.)
intended to benefit
Example:This gift is for you.