Business news By Graham Sharpe

Archie Asda Be Tesco Chairman

WITH TESCO CHAIRMAN, Sir Richard Broadbent, announcing that he is stepping down from the role, William Hill have opened a book on his permanent successor, and have installed former Asda boss Archie Norman as their 3/1 favourite. ‘Tesco’s catch-phrase is ‘every little helps’, and it seems they need  every bit of help they can get at the moment’ said Hill’s spokesman Graham Sharpe.

TO BE NEXT PERMANENT CHAIRMAN OF TESCO:

3/1         Archie Norman

4/1         Sir Ian Cheshire

5/1         John Gildersleeve

5/1         Allan Leighton

7/1         Mike Ashley 

9/1         David Tyler

9/1         Richard Cousins

10/1       Moya Greene

10/1       Adam Crozier 

14/1       Robert Swannell

25/1       Glenn Murphy

100/1     Michael O’Leary

250/1     Sir Alan Sugar

500/1     Gerald Ratner