Tag: TPF

Tesco opens UK’s first self-service store

Tesco opens UK’s first self-service store

In a bid to speed up trips to the shops, supermarket giant Tesco has opened the first self-service store in Northampton. The Tesco Express store has five self-service tills but no manned checkouts. There is, however, one member of staff available to authorise transactions for age-restricted items such as alcohol and knives. The news will […]

October 22, 2009 More
Tesco and Fortis team up to form Insurance Partnership

Tesco and Fortis team up to form Insurance Partnership

Supermarket giant Tesco is continuing its expansion into financial services by agreeing a partnership with Fortis, which will form a new motor and household insurance company. Tesco, which has a 30% share of the grocery market, already offers credit cards, savings accounts and insurance via its Tesco Personal Finance (TPF) brand and announced plans late […]

September 11, 2009 More
Tesco to open finance centre in Glasgow

Tesco to open finance centre in Glasgow

Supermarket giant Tesco has announced it is opening a finance centre in Glasgow with the creation of 800 jobs. The move is part of Tesco Personal Finance’s expansion programme, which will see it compete with High Street banks. Tesco, which has a 30% share of the grocery market, already offers credit cards, savings accounts and […]

August 20, 2009 More
Tesco to enter retail banking following RBS buyout

Tesco to enter retail banking following RBS buyout

Tesco is to compete with High Street banks after it has bought out Royal Bank of Scotland’s (RBS) 50% share in Tesco Personal Finance (TPF) in a deal worth £950 million. TPF, which was launched in 1997 as a joint venture between Tesco and RBS, sells general insurance, credit cards, personal loans, savings products, and […]

July 28, 2008 More