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Tesco accounting black hole 'to be less than £250m'

Published Sun, Oct 19, 2014 · 09:50 PM
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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 c…

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