Monday, September 22, 2014

Tesco Suspends Bosses Over £250m Profit Error

Tesco (Xetra: 852647 - news) has suspended four senior executives after it revealed an accounting error overstated its first-half profit by £250m. CEO Dave Lewis said that "a number of people" have been suspended while an internal investigation is under way, including the four senior executives. Sky News understands that Carl Rogberg, Tesco UK finance director, is one of the four executives ...



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