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‘We need to start doing things in a different way’: Tesco executives discussed the need for ‘cultural change’ months before £250 million accounting scandal broke

Tesco’s former UK finance director Carl Rogberg is one of three former Tesco executives standing trial for fraud in relation to their alleged involvement in overstating the firm’s profits in 2014, which wiped billions from the retailer’s value. An email sent to Rogberg nearly a year before the scandal broke […]
‘We need to start doing things in a different way’: Tesco executives discussed the need for ‘cultural change’ months before £250 million accounting scandal broke
News

‘Like the civil service of a medium-sized country’: Tesco’s huge management team made it hard to detect financial trouble, lawyers say

Tesco’s former UK finance director Carl Rogberg is one of three former Tesco executives standing trial for fraud in relation to their alleged involvement in overstating the firm’s profits in 2014. Lawyers defending Rogberg say the UK finance operation was like the “civil service of a medium-sized country,” meaning Rogberg […]
‘Like the civil service of a medium-sized country’: Tesco’s huge management team made it hard to detect financial trouble, lawyers say