UK supermarket group has overstated profits by £263m as a result of accounting errors going back to before 2013
Fri, Oct 24, 2014 - 5:50 AM
Mr Broadbent says Tesco's net profit had crashed to £6 million in its first half from £820 million a year ago.
Mr Lewis has launched an inquiry into the accounting error.
THE chairman of Britain's biggest retailer Tesco resigned on Thursday as the troubled supermarket group said that a huge accounting error began earlier than thought and contributed to plunging profits.
Chairman Richard Broadbent said that he would be stepping down after an...