By John Glenday

Embattled supermarket chain Tesco is facing a fresh investigation, this time at the hands of the Groceries Code Adjudicator, amidst concerns that it delayed payments to its suppliers.

The body’s adjudicator Christine Tacon said she had ‘reasonable suspicion’ that the retailer had breached the Groceries Supply Code of Practice but is powerless to fine the firm for past offences.

Welcoming the start of the nine month investigation business secretary Vince Cable commented: “This is an historic day for the groceries code adjudicator and shows we have created a regulator that has real teeth. I have also agreed an increase of almost 40% Read full story ›

Source: The Drum