Tesco in £1m cycles payment blunder
Britain's biggest retailer is taking legal action after mistakenly paying almost £1 million for six bicycles which should have cost less than £1,000, sources said.
Britain's biggest retailer is taking legal action after mistakenly paying almost £1 million for six bicycles which should have cost less than £1,000, sources said.
Tesco is seeking restitution of the overpaid monies following the error by its finance team.
The supermarket chain should have paid Universal Cycles, a subsidiary of Sports Direct which is controlled by Newcastle United owner Mike Ashley, £984 for six Muddy Fox Suspension Bikes but paid £984,000 instead.
Britain's biggest retailer is taking legal action after mistakenly paying almost £1 million for six bicycles which should have cost less than £1,000, sources said.
Britain's biggest retailer is taking legal action after mistakenly paying almost £1 million for six bicycles which should have cost less than £1,000, sources said.
Tesco is seeking restitution of the overpaid monies following the error by its finance team.
The supermarket chain should have paid Universal Cycles, a subsidiary of Sports Direct which is controlled by Newcastle United owner Mike Ashley, £984 for six Muddy Fox Suspension Bikes but paid £984,000 instead.
