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 has said no bonuses were paid to its executives during the period that a huge accounting error took place.
The company overstated its profits for the first half of this year by £263m, with Tesco CEO Dave Lewis saying the mis-statement was due to booking income in the wrong accounting period.
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.