Tesco accounting black hole 'to be less than £250m'
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THE world's third-largest retailer, Tesco, will state this week that it overestimated earnings by less than the £250 million (S$513 million) which it previously announced, Sky news reported on Saturday, citing an unnamed banking source.
Sky said on its website that when the firm reports its delayed first-half results next Thursday, the gap would fall "somewhere close to the middle" between £200 million and £250 million.
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