Home Retail Group is to close one in four Homebase stores, putting thousands of jobs under threat. John Walden, the chief executive of parent company Home Retail Group, refused to reveal how many workers could lose their job, but at least one employee ...
New Tesco boss Dave Lewis will be under pressure over plunging profits and a �250 million accounting scandal when the company publishes half-year results today.
Facebook reignited the row over multinational tax avoidance last night after its UK accounts showed that it had paid no corporation tax in Britain for the second year in a row and that it had received a �182,000 credit from the taxman.
The auditors, regulators and former directors of the Co-operative are today sharply criticised in a damning report into the failed attempt to merge the Coop Bank with the Lloyds branches codenamed Project Verde that became what is now the TSB.
The majority of the Bank of England's Monetary Policy Committee felt the risks associated with a rate rise were too great amid signs the UK recovery was losing momentum.