Tesco boss denies he is quitting

Tesco boss Sir Terry Leahy has denied rumours he is about to quit the supermarket chain.

A newspaper report suggested Tesco’s chief executive was set to leave the business to take up a role as the government’s health tsar.

However, Sir Terry told the BBC he has no plans to move on. “I have plenty to do here at Tesco - it’s a wonderful business.”

According to the City AM newspaper, Sir Terry had decided to quit back in October, and that the company would announce his departure in the Christmas period.

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