What’s going to happen?
A probe into Tesco’s £320m profit blackhole is set to conclude as early as this month.
The Serious Fraud Office is expected to reach charging decisions by the end of November, with the prospect of a deferred prosecution agreement (DPA) now “firmly back on the agenda”, Sky News reported yesterday.
The news comes as top Tesco executives Christopher Bush, Carl Rogberg and John Scouler initially appeared at Westminster Magistrates’ Court in September. All three men deny the charges against them.
An autumn date for a trial next year has been set.
The fraud squad has been investigating Britain’s biggest supermarket since 2014 after it admitted that its profits had been overstated by more than £260m, for more than two years.