Tesco

Supermarket Tesco has announced its entry into the UK mortgage market with a discounted variable rate product to be distributed online and by telephone as of tomorrow.

TESCO is launching itself into the multibillion-pound mortgage lending market, says this morning's Times , to try and pick up even more financial services business.

Sales of additional types of financial products through the checkouts of Tesco could be on the cards later this year as the supermarket giant continues to chalk up sales of protection products to consumers.