Mothercare said its UK turnaround plan remains "on track" after it cut losses at its domestic business, despite falling sales.

Fri May 24, 2013 12:58am BST. (Reuters) - The chief executive of Royal Mail, Moya Greene, who is responsible for leading a turnaround of the business, is set to receive an annual bonus worth nearly 500,000 pounds, as the company readies itself for a stock ...

Occupational pension funds have won a reprieve from a European regulatory overhaul that they feared would have had disastrous consequences for scheme members in several countries as well as the companies that fund them.

United Utilities has reported a rise in its revenues and pre-tax profits - further buoying its shares after last week's bid for neighbouring water company Severn Trent pushed their price up 18 per cent.

Flybe has hit out at the owners of Gatwick, claiming the airline's decision to sell 25 take-off and landing slots at the base to easyJet for �20m was due to the airport's "discriminatory" treatment of smaller airlines.

A day after the International Monetary Fund urged the government to do more to spur growth, Britain's official statisticians have reminded economists of just how far the UK economy remains from full health.

JPMorgan's UK wealth management business has been fined nearly �3.1m for failing to keep complete and up-to-date client files, a shortcoming that put customers at risk of receiving unsuitable investment advice.

The chief executive of Tesco's failed US business walked off with nearly �3m last year, despite Fresh & Easy savaging the supermarket giant's bottom line.

Halfords, which also sells car parts, is to cut its dividend by a third in order to refocus investment on revamping its stores and infrastructure.

A downturn at Pennon's Viridor waste management business has prompted the group, which also owns South West Water, to report writedowns approaching �200m and a sharp fall in full-year pre-tax profits.