Warren Buffett, the veteran US investor, has admitted that buying shares in Tesco was a "huge mistake". Mr Buffett's Berkshire Hathaway starting buying shares in Tesco in 2006 and built a 5pc stake, making it his biggest investment outside of the US.
Billionaire investor Warren Buffett says buying into Tesco was a huge mistake. Photograph: Bill Pugliano/Getty Images. Legendary investor Warren Buffett has said he made a �huge mistake� by investing in Tesco, as the problems mount at Britain's largest ...
LONDON (Reuters) - British grocer Morrisons (MRW.L) will launch its first customer loyalty card on Friday, opening up a new front in an escalating price war with a scheme that guarantees to match discounters Aldi and Lidl as well as traditional rivals.
The Bank of England has requested new mortgage market powers from the Chancellor to prevent the inflation of a damaging new property bubble.
The European Central Bank (ECB) has decided not to cut its interest rates even further as it seeks to stimulate growth and inflation in the beleaguered currency area.