Former Tesco executives go on trial over ‘£263m black hole’

  Three former Tesco executives accused of fraud over the £263m black hole found in the retail giant’s accounts appeared in court today (mon) for the start of their trial. Former UK managing director Chris Bush, 51, ex-UK finance director Carl Rogberg, 50, and former food commercial director John Scouler, 49, allegedly maintained 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…