Supermarket giant Tesco has issued a shock trading statement in which it admitted to identifying an estimated £250m overstatement of its expected interim profits - an inaccuracy it has attributed to the accelerated recognition of commercial income and delayed accrual of costs.
You must be logged in to view premium stories.
Take out a print and online or online only subscription and you will get immediate access to:
To get access to premium content subscribe today
Alternatively REGISTER for a free trial to access up to 4 articles and sign up for email alerts