Tesco reports £6.4bn loss

Tesco has reported the worst results in its history – registering a pre-tax loss of £6.4bn in the last year.  The UK supermarket, a big vendor of books, and currently being investigated by the Serious Fraud Office after it overstated its half-year profit forecast last August by £263m, sustained £4.7bn of it losses due to a fall in the property value of its UK stores. Continue reading at 'The Bookseller'

[ The Bookseller | 2015-04-23 00:00:00 UTC ]

Other news stories related to: "Tesco reports £6.4bn loss"


Vogue publisher Condé Nast reports annual loss of £14m

The 2017 figure is huge swing from £6.6m profit of previous year as publisher invests in digital growthCondé Nast, the owner of glossy magazines including Vogue, Vanity Fair and GQ, has slumped to a £14m annual loss as it battles to reshape its business for the digital future.The high-end... Continue reading at The Guardian

[ The Guardian | 2019-01-03 00:00:00 UTC ]
More news stories like this


Richard Desmond's firm in £25m loss after price cuts and digital investment

Northern & Shell puts 2015 losses down to cutting prices of Star and Express titles and significant investment in digital publishingRichard Desmond’s Northern & Shell fell to a £25m loss last year after embarking on costly tabloid price cuts and boosting investment in digital... Continue reading at The Guardian

[ The Guardian | 2016-04-29 00:00:00 UTC ]
More news stories like this


Tesco reports £6.4bn loss

Tesco has reported the worst results in its history – registering a pre-tax loss of £6.4bn in the last year.  The UK supermarket, a big vendor of books, and currently being investigated by the Serious Fraud Office after it overstated its half-year profit forecast last August by £263m, sustained... Continue reading at The Bookseller

[ The Bookseller | 2015-04-23 00:00:00 UTC ]
More news stories like this


Macmillan Education to move out of Africa

Written By: Benedicte Page Publication Date: Fri, 29/07/2011 - 09:20 Macmillan has “walked away” from its education business in east and west Africa, and is understood to have put all its education publishing companies and interests across the continent (other than in Botswana) on the block.... Continue reading at The Bookseller

[ The Bookseller | 2011-07-28 00:00:00 UTC ]
More news stories like this