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Tesco update: What the analysts say

2014-09-22 11:47:00| Daily apparel & textile news and comment - from just-style.com

Tesco this morning (22 September) revealed a GBP250m (U$408.1m) profit overstatement in its first-half accounts, pushing shares down nearly 8% in early trading. The "serious issue" has resulted in the reported suspension of four senior executives. Tesco has now launched an independent review. Analysts offer their thoughts on the news.

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