Former Tesco executives deny fraud charges over ‘£263m black hole’

  Three former Tesco executives today (thurs) denied fraud and false accounting charges after a £263m black hole was found in the retail giant’s accounts. Former UK managing director Chris Bush, 51, ex-UK finance director Carl Rogberg, 50, and former food commercial director John Scouler, 49, are alleged to have kept bogus records massively inflating reports of the supermarket’s profits between February and September 2014. The quarter-of-a-billion-pound black hole in Tesco’s accounts wiped £1.6billion off the company’s market value when…