Tesco targets Aldi and Lidl - updated

The report says Tesco will this week start to match Aldi and Lidl's prices on more than 2,000 product lines.

It has also launched 300 no-frills, Lidl-style products, with 200 more to follow.

UPDATE:

Tesco has now confirmed the move.

Commercial director Richard Brasher explained: "As other discount stores expand into the UK and canny customers seek ever-lower prices we cannot afford to be complacent."

Tesco said it would be expanding its online Price Check facility to include 2,000 budget lines sold at discount outlets such as Aldi and Lidl.

The supermarket chain added: "To make this happen, Tesco has created a mock store in a secret location where discounter products are displayed and their prices and quality analysed by Tesco buyers.

"The buyer’s job is to ensure that Tesco has a product that is better quality and at least matched on price for all 2000 lines checked. This is an exacting, ongoing process with prices checked every 4-6 weeks."