Wednesday preview: Tesco, BHP, Spirit, MPC minutes

Results from Tesco are likely to hog the spotlight on Wednesday as Chief Executive Phillip Clarke sets out his plans for stopping the steady erosion of the supermarket chain's market share in its home market.

Results from Tesco are likely to hog the spotlight on Wednesday as Chief Executive Phillip Clarke sets out his plans for stopping the steady erosion of the supermarket chain's market share in its home market.

The company is expected to put a price on how much it thinks it needs to invest to get the UK stores back on track. Under the previous Chief Executive, Terry Leahy, the company seemed more concerned at cutting costs and squeezing suppliers than it did on making shopping a pleasant experience, or so the criticism goes.

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