Bank Blunder Adds To Tesco PLC’s Woes

VIDEO: One Fool puts Tesco PLC (LON:TSCO) under the spotlight.

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It’s been a very tough year for Tesco (LSE: TSCO), but now it seems Tesco Bank is compounding the supermarket giant’s annus horribilis with news that it’s set to compensate some 175,000 customers for breaching the 1974 Consumer Credit Act…

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Owain Bennallack has no position in any shares mentioned. The Motley Fool UK has recommended Tesco. The Motley Fool UK owns shares of Tesco. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors.

 

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