Tesco's share price falls after horsemeat scandal

Tesco's share price has fallen by over 1 per cent after the horsemeat scandal, wiping £300 million off the supermarket's value, according to The Guardian.

Tesco horsemeat
Tesco store in Swindon, Wiltshire. Credit: Tim Ireland/PA Wire

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Supermarkets horsemeat scare

Waitrose has become the latest supermarket to pull beef burgers from its selves in the horsemeat scare. The Food Standards Agency is investigating the discovery of horse DNA in beef burger products.