FTSE 100 Live 5 April: Index closes down 0.8% after early plunge [Video]

Tesco is expected to reveal higher profits as sales have continued to grow despite a slowdown in food price inflation.

Investors have been in positive spirits in recent months, particularly after Tesco upgraded its profit targets in a post-Christmas trading update.

Its shares struck their highest level for almost two years as a result, with the retail giant’s investment in pricing helping to maintain growth despite competition from fast-growing discount rivals.

Sweaty Betty – the female-focused London athleisurewear brand that says it is “on a mission to empower all women” – has one of the biggest gender pay gaps of any company of its size in the UK, the Standard can reveal.

The figures show Sweaty Betty has the 90th-largest median gender pay gap …