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  1. Tesco woes continue after profit overstatement

Tesco woes continue after profit overstatement

Troubled UK retail behemoth Tesco has posted a 92% decline in first-half profits, weighed down by its higher-than-expected accounting error. While many analysts believe Tesco can now draw a line under its darkest days, views are mixed on how fast a turnaround, if any, is likely for the business.

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