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.
Spending in British supermarkets has been "essentially flat" since May of last year, according to the Office of National Statistics (ONS).
According to the ONS 'non-specialised food stores' such as Tesco and Sainsbury's account for the vast majority of food spending.
Food spending accounts for 40% of all retail sales in the UK, the ONS added.
This marks a contrast from the years leading up to 2013, where growth in spending has been strong, with a particularly rapid surge between 2006 and 2009.
Some of that previous growth may have been accounted for by food price inflation, as customers's spending has risen despite the quantity of goods they buy remaining more or less the same.
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.