Tesco has announced it had overstated its profits for the first half of the year by £263m, slightly higher than the £250m originally estimated when the company was hit by an accounting scandal.
Chairman Sir Richard Broadbent has confirmed he is stepping down from his role.
Tesco chief executive Dave Lewis has insisted the company will recover from "real challenges" to become "the best supermarket for customers" once more.
ITV News Economics Editor Richard Edgar is following developments.
The Democratic presidential candidate may also have shown his cards on his choice of running mate.
The US president also shared a post on Twitter accusing Dr Anthony Fauci of misleading the public over hydroxychloroquine.
Fears over an impending second wave of coronavirus dominates Wednesday’s front pages.