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Fashion

Tesco's Chairman to step down amidst financial black hole

Sir Richard Broadbent, Tesco's Chairman is stepping down from his role, as the retailer reported a 92 percent decline in pre-tax profits due to a larger than forecast accounting black hole of 263 million pounds. In an interim report published on Thursday, Tesco revealed that its first half year profits wereoverstated by 263 million pounds, 13...

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