Tesco has reported strong like-for-like sales growth over Q3 and the Christmas period, with sales up 2.9% across the 19 weeks to 3rd January.

UK sales rose 3.7% over the period, delivering the listed retail giant’s highest market share in more than a decade, driven by gains in fresh food, online and convenience.

A strong Christmas trading performance has led the firm to upgrade expectations, with FY25/26 group adjusted operating profit now forecast to be at the upper end of the £2.9 billion to £3.1bn guidance range.