date:Jun 25, 2013
of the most consistent British companies in terms of earnings growth, Tesco in April reported its first profit decline in over 20 years.
Pensions Investment Research Consultants (Pirc), which has estimated it advises funds with combined assets of more than 1.5 trillion pounds, has called on investors to vote against the store group's pay report in protest at what it regards as excessive payoffs to two departed executives.
Tesco paid Tim Mason, the former boss of its loss-making Fresh Easy bu