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		</div><p>Tesco has been hit with a £129 million fine from the Serious Fraud Office (SFO), but has escaped prosecution over its accounting scandal.</p>
<p>The supermarket giant said its subsidiary &#8211; Tesco Stores &#8211; has reached a Deferred Prosecution Agreement with the SFO following a two-year investigation into false accounting at the firm.</p>
<p>The move means Britain&#8217;s biggest supermarket will escape prosecution as long as it &#8220;fulfils certain requirements&#8221;, including paying a hefty penalty.</p>
<p>The announcement came as the financial watchdog found that Tesco had committed market abuse when it inflated profits by £263 million &#8211; later revised up to £326 million &#8211; in a trading update on August 29 2014.</p>
<p>In an unprecedented move, the Financial Conduct Authority said it had forced the supermarket to compensate investors who had bought shares and bonds on &#8211; or after &#8211; August 29 and had held the securities when the statement was later corrected on September 22 2014.</p>
<p>Tesco chief executive Dave Lewis said: &#8220;Over the last two-and-a-half years, we have fully co-operated with this investigation into historic accounting practices, while at the same time fundamentally transforming our business.</p>
<p>&#8220;We sincerely regret the issues which occurred in 2014 and we are committed to doing everything we can to continue to restore trust in our business and brand.&#8221;</p>
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