#<p><img class="alignleft size-full wp-image-1187" alt="tesco" src="http://channeleye.co.uk/wp-content/uploads/2013/02/tesco.jpg" width="330" height="239" />Major British grocer Tesco unexpectedly announced that it had overstated its profits to the tune of £250 million.</p>
<p>It has launched an inquiry into the accounting mess and in the meantime has suspended four senior executives until the inquiry is complete. <a href="http://channeleye.co.uk/tesco-finds-huge-black-hole-in-accounts/" class="read_more">more&#187;</a></p><div class="feedflare">
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