Tesco record loss ------------------------------------------ Tesco Plc has reported losses of £6.4bn ($9.5bn/€8.9bn), the worst results in its 96-year history and the UK’s biggest-ever retail loss ------------------------------------------ 2014: Profits artificially inflated by £263 million. Eight senior executives suspended 2013: Tough conditions see European profits slump 70% -7 -6 -5 -4 -3 -2 -1 0 1 2 3 £4 billion 2008 2.8 09 3.1 10 3.2 11 3.8 12 3.8 13 2.0 14 2.3 15 -6.4 2015: Cuts to store openings see value of property portfolio plummet --------------------------------------------------- Sources: Tesco, wire agencies words 109