Tesco extends the price war front line to banking

Photo: C41n. Cropped. Licence: https://creativecommons.org/licenses/by-sa/3.0/

Shareholders in the big supermarkets have felt the impact of the price war that has racked the sector, with margins, sales, profits, dividends and share prices all plunging. So what are they to make of news that Tesco(LSE: TSCO) is cutting the cost of banking, too?

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Owain Bennallack owns shares in Tesco. The Motley Fool UK has no position in any of the shares mentioned. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors.