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Real-time Estimate
Other stock markets
|
5-day change | 1st Jan Change | ||
| 288.6 GBX | -0.96% |
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+1.95% | -0.79% |
| 11:34am | Barclays: 1st quarter boosted by cost reductions | CF |
| 10:16am | Sainsbury's profit falls but revenue up, maintains dividend | AN |
LONDON (Reuters) - Britain's biggest retailer Tesco confirmed on Wednesday that the Serious Fraud Office had begun a full investigation into accounting practices at the company.
Tesco was already being investigated by financial regulator, the Financial Conduct Authority (FCA), after the group revealed the discovery of a 263 million pounds ($424 million) accounting hole.
Releasing a statement in response to media reports, Tesco said on Wednesday the FCA's investigation would now end and be replaced by the SFO probe.
(Reporting by Neil Maidment; editing by Kate Holton)
| 1st Jan change | Capi. | |
|---|---|---|
| -0.79% | 25.25B | |
| +14.33% | 482B | |
| +23.26% | 40.52B | |
| +5.71% | 38.48B | |
| +17.60% | 34.03B | |
| +6.59% | 28.25B | |
| -13.79% | 25.41B | |
| +4.47% | 18.35B | |
| +9.71% | 17.76B | |
| +1.79% | 13.83B |
TESCO PLC 
