Lewis played down concerns Tesco might tap investors for cash to rebuild its balance sheet, saying it would "stay focused on generating better returns from the assets we've got". Despite Tesco recently selling its Korean business for £4.2billion, it will not sell its Dunhumby data business which runs its Clubcard scheme and there are no plans for further major disposals. It said the new national living wage would cost it £500million to increase what it pays to meet the £9-an-hour minimum by 2020. Bernstein analyst Bruno Monteyne said: "Stable volume market share is the key measure for Dave Lewis to enact his turnaround plan." Shares rose 4¾p to 197p