Tag: Profit Warnings



Further Profits Warning spells Disaster for Tesco

Posted on 9 December, 2014 by Kirsten Kennedy under Business News

The news from supermarket giant Tesco continues to go from bad to worse, with low consumer interest and increasingly stiff competition from discounters exacerbating the problems caused by a £263 million profits misstatement issued earlier this year.... Read More

Profit Warnings hit Highest Level since 2008

Posted on 27 October, 2014 by Kirsten Kennedy under Business News, Economy

During the initial period of the recovery which followed the recession, it was easy to imagine that the problems facing businesses were all but eliminated. Unfortunately, the latest data from consultancy firm EY demonstrates that this is entirely false as... Read More