Tesco's banking sale is the latest sign UK food retailers are shifting their focus back to the 'bread and butter' of their core business. Russ Mould at AJ Bell said: "We’re in an era where companies are going back to basics – focusing on what they do best and letting non-core operations either be outsourced or sold." Tesco Chief executive Ken Murphy said the transaction will significantly reduce its financial liabilities, and strengthen the balance sheet and allow "us to focus on continuing to grow our core ...