SFO will not charge former Tesco boss over accounting scandal

Serious Fraud Office says ‘there is insufficient evidence to provide a realistic prospect’ of convicting Philip ClarkeTesco’s former chief executive Philip Clarke will not face charges in relation to an accounting scandal at the supermarket chain, it has been confirmed.Clarke’s lawyer, David Corker, said on Monday that he had received a letter from the Serious Fraud Office (SFO) informing him of the decision. Unconfirmed reports in recent weeks had suggested Clarke would