Tesco Bank's chief executive said on Monday that it was temporarily stopping online transactions after about 20,000 customers had money removed from their accounts.
Some 125 institutional funds have filed a damages claim against Tesco relating to its 2014 profit overstatement.
The U.K.'s battered pound is trading up in a volatile session after inflation data for September showed a 1.0 percent increase year-on-year.
The dispute was a first clear sign for consumers of the turbulence unleashed by the Brexit vote and of how it could hurt them.
European stocks closed firmly in the red on Thursday, after weak China data triggered a slide in mining stocks.
The stock levels at the largest U.K. grocer are missing a number of Unilever products, in a row over price rises blamed on Brexit.
Europe closed lower on Wednesday as a sharp rise in oil prices failed to win over investors, with news on central banks continuing to dwell.
Shares in U.K. supermarket Tesco shot up on Wednesday, following forecast-beating first-half earnings and a confident outlook.
European stocks closed just above the flatline as investors awaited the outcomes of policy meetings by the U.S. Federal Reserve and Bank of Japan.
Britain's Serious Fraud Office has charged three senior former executives at Tesco with fraud in its investigation into an accounting scandal at the retailer.
The sluggish state of Europe’s biggest economies are hitting shopping habits says Nielsen.
European stocks finished trade sharply lower on Wednesday amid continued political and economic uncertainty in the EU following Brexit.
HSBC believes Wal-Mart is about to unleash a price war on the UK grocery scene via its subsidiary Asda.
European stock indexes finished sharply higher on Thursday, as investors speculated whether Britain would remain a member of the EU after the referendum.
Bryan Roberts, retail insights director at TCC Global, says food retailers such as Tesco now need to focus on being the best, not the cheapest.
Gerry Fowler, multi-asset strategist at Standard Life Investments, talks about the indebtedness of companies as Tesco disposes of its assets.
European equities finished Wednesday sharply higher, after a new debt deal for Greece and a recovery in oil prices lifted sentiment.
Europe closed sharply up on Tuesday, as sentiment was lifted by positive U.S. trade, and strong gains from banks, insurers and retailers.
European stocks ended Wednesday sharply lower, after a raft of major earnings, a decline in mining stocks and renewed pressure on oil weighed on sentiment.
European stocks ended sharply higher on Wednesday, helped by a rally in mining and banking stocks, following better-than-expected China export data.