BEWARE the economist bearing forecasts. The only thing that's ever certain about economic predictions is that they'll turn out to be wrong.
Trouble had been brewing for Philip Clarke since at least April. Tesco's chief executive presided over two profit warnings and a 28 per cent fall in the share price during a three-year tenure.
Three of the UK's leading supermarkets have launched emergency investigations into their chicken supplies after a Guardian investigation uncovered a catalogue of alleged hygiene failings in the poultry industry.
The Serious Fraud Office has said it will file corruption charges against Alstom �imminently�, after starting proceedings against two of the French engineering giant's companies in the UK.
Shares of GlaxoSmithKline were the blue-chip FTSE 100's biggest faller as the embattled drug-maker warned profits would fall short of expectations amid competition from cheaper copycats in the US.