The investigation into the £250m black hole in Tesco profits is - TopicsExpress

The investigation into the £250m black hole in Tesco profits is focusing on the culture of the company amid concerns managers may have been pressurised into using improper practices. Tesco has hired Deloitte and Freshfields to investigate the cause of the shortfall and a source said there were fears of a corruption of virtues among staff, with the key to the probe establishing what led people to do such things and why nothing was said earlier. The investigation will also look at whether Tescos accounting problems spread beyond the last six months and the UK food business.

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