Tesco profits hit record high

Breakfast's Paddy O'Conell is using a scooter to get round Tescos

The supermarket giant Tescos has announced record profits of £2.21bn this morning.

That's an increase of more than 16% on the previous year and it sets a record for British supermarkets.

This morning on Breakfast:

Our business presenter Paddy O'Connell reported live from a giant Tescos in Reading, which is the size of several footballl pitches.

He set out to discover what's behind the store's success - and how it's promising to go greener in the coming year.

We also heard from Tesco Chief Executive Sir Terry Leahy. A recording of our interview will be available shortly.

And reported from Inverness in the highlands, which has so many branches of the supermarket that it's been dubbed Tescotown.

Tesco's dominance on the high street has been helped by offering small, medium and large size stores, with the small high street convenience stores branded Tesco Extra.

More people shop in a Tesco store, than in any other. But the company will also announce details today to improve its recycling facilities.

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