Criticism of Tesco summer 2012 according to a leaked document. Ready packed meal firm Findus, Compass Group was the world's biggest catering firm at the time, and Whitbread, which was Britain's biggest hotel group, were indicted for illegally selling concealed horse meat in food products. Compass Group had sold it to 47 Lancashire schools and a "small number" of schools in northern Ireland. As a result, Tesco dropped in market value by Wednesday 16 January 2013. Tesco, the Co-operative Group and Aldi also decided to cancel contracts with ABP Food Group because of the adulteration. In a public letter later that day, 11
Tesco by 10.1% to £3.4 billion. Tesco then planned to create 16,000 new jobs, 9,000 in the UK. In 2011 the retailer reported its poorest six-monthly UK sales figures for 20 years, attributed to consumers' reduced non-food spending and a growth in budget rivals. By 2014, Tesco appeared to have lost some of its appeal to customers. The share price lost 49 per cent of its value up to October as it struggled to fend off competition from rivals Aldi and Lidl. In October 2014, Tesco suspended 8 executives following its announcement the previous month that it had previously overstated its