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TESCO-RESULTS/
RTR4KLEK
January 08, 2015
The head office of Tesco is seen in Cheshunt, in southern England January 8, 2015. Tesco will slash costs...
Cheshunt, United Kingdom
The head office of Tesco is seen in Cheshunt, in southern England
The head office of Tesco is seen in Cheshunt, in southern England January 8, 2015. Tesco will slash costs and sell assets to fund lower prices and mend its finances, Britain's biggest retailer said on Thursday, as its new boss set out plans to fight back from years of market share losses and an accounting scandal. With plans to close the firm's head office in Cheshunt, north of London, and shut the final salary pension scheme, Lewis said annual costs would fall around 250 million pounds a year. REUTERS/Toby Melville (BRITAIN - Tags: BUSINESS EMPLOYMENT)
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