Tesco suspends execs as inquiry launched into profit overstatement


Tesco says it has overstated its expected profit for the half year by £250m.


The supermarket chain said the mistake was mainly due to including some commercial income too early, as well as not including some costs.


It has appointed Deloitte to independently investigate the issue.


'We have uncovered a serious issue and have responded accordingly,' said Tesco boss Dave Lewis.


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