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TescoGate Live: Analysts take to Twitter in reaction to Tesco's profits black hole

Published:  23 October, 2014

Following Tesco's announcement this morning that profits had been over estimated by £263m resulting in 92% drop to £112m, analysts have taken to Twitter to share their reactions.

Following Tesco's announcement this morning that profits had been over estimated by £263m resulting in 92% drop to £112m analysts have taken to Twitter to share their reactions. As a result chairman Sir Richard Broadbent would be stepping down.

Watch Tesco's chief exectuive officer Dave Lewis speak about his strategy for Tesco moving forward.

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