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Tesco results

Tesco results – “Getting all the skeletons out of the closet early on” Prof Crawford Spence, Warwick Business School

by on April 22, 2015

Professor Crawford Spence, of Warwick Business School comments on the Tesco results

Tesco posts record £6.4bn annual loss

These figures are absolutely huge - nearly the biggest loss in UK corporate history. However, they need to be understood in context. They  relate mostly to asset write-downs rather than poor trading performance.

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