Tesco top boss Brasher quits

Updated

A disastrous profits warning and a disastrous winter. Tesco UK boss Richard Brasher, 50, is quitting Tesco having overseen a £5bn slump in the value of the company's value, a significant contraction of market share plus a lacklustre Big Price Drop campaign.

Brasher - in the top job for just a year - is replaced by group chief exec Philip Clarke. Can Clarke turn the business around?

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