A spokesman of the company told the Independent on Sunday it stood by its accounting procedures even though the report, expected from Cheuvreux, the broking arm of the French bank Credit Agricole, will examine the issue in detail.
Cheuvreux today refused to comment on the reports or say when it was due.
The news comes as Safeway investers continue to consider the bid by Morrisons to take over the company.
Does Darwin's theory apply to taxation? Colin ponders...
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states
Accountancy watchdog the FRC has dropped its investigation into the former chief financial officer of Tesco, nearly two years after the supermarket was engulfed in an accounting scandal
Colin imagines how Apple's logo might change in the wake of the EC's ruling over its Irish tax arrangements