The head of Tesco's UK business was read out "almost word by word" a report detailing a 250 million pounds hole in the supermarket's accounts in 2014 a week before the stock market was informed, a court heard on Friday.
A senior accountant at Tesco said his team was falling apart in 2014 when Britain’s biggest retailer ended a tough first half trading period but bosses refused to reduce targets for the second half, a London court hea...
A senior accountant at Tesco described mounting pressures on managers as the food business under-performed against targets in 2014, telling a London court that his attempts to have the targets revised fell on deaf ears.
Two members of Tesco’s financial team resigned in 2014 because they were concerned that their professional integrity was being compromised by what they were being asked to do by their bosses, a court heard on Tuesday.
Three former executives of Britain’s biggest retailer Tesco abused their positions of trust to encourage the manipulation of profit figures, lied to auditors and misled the stock market, prosecutors said on Friday.