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Tesco's CEO Says Accounting Scandal Was A Catalyst For Change

Tesco's GBP326m overstatement of profits was a catalyst that forced the business to improve drastically faster than it might otherwise have done, according to group CEO Dave Lewis. Lewis outlined his progress at the retailer to date during the Marketing Society's annual lecture last week, telling the audience that Tesco may have just continued on its path of slow decay had it not been for the accounting scandal.

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