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  1. Tesco in turmoil as investigation begins

Tesco in turmoil as investigation begins

UK retail behemoth Tesco this week revealed a GBP250m (U$408.1m) profit overstatement in its first-half accounts. A day later and Tesco announced the early arrival of new CFO Alan Stewart. The news is sure to alarm investors and means the retailer still has a long way to go to recovery.

Tesco update: What the analysts say

Tesco update: What the analysts say

Tesco today (22 September) revealed a GBP250m (U$408.1m) profit overstatement in its first-half accounts, pushing shares down nearly 8% in…

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