POLITICS
15/07/2013 06:06 BST

Tesco CEO Philip Clarke Banned From Driving After Speeding

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Philip Clarke, chief executive officer of Tesco Plc, listens during the British Retail Consortium's (BRC) Retail Symposium, in London, U.K., on Wednesday, June 8, 2011. U.K. shop-price inflation slowed in May to its weakest pace this year as retailers offered more discounts to tempt shoppers, the BRC said. Photographer: Matthew Lloyd/Bloomberg via Getty Images

Tesco chief executive Philip Clarke has been stripped of his licence and banned from driving for six months after being caught speeding.

The executive will not be hindered in running Tesco, thanks to his entitlement to a chauffeur, but he will have problems enjoying his own car - a Jaguar XJ.

The supermarket chief was banned from driving after racking up over 12 penalty points, the Sunday Times reported.

It is not clear how Clarke got the points, but the supermarket confirmed: “Philip Clarke regrets this matter and accepts the decision to suspend his licence.”

Clarke did not get the penalty on his five mile commute from his home in Cuffley, Hertfordshire to the retailer’s HQ in Cheshunt, it is understood.

The 53-year old took over from Sir Terry Leahy as Tesco chief in 2011. He has been busy working to ensure a speedy return to growth for the chain, after it saw profits fall this year for the first time in 20 years.