Sports Direct founder Mike Ashley could receive a share bonus worth a whopping �65m after the FTSE 100 firm dubbed him "one of the outstanding retailers of his generation".
Co-operative Group chief executive Euan Sutherland has offered to quit, days after claiming his efforts to overhaul the business had been undermined by a high-level leak of his �3.6 million pay deal.
LONDON, March 12 (Reuters) - British online grocer Ocado posted an 18 percent rise in first quarter retail sales, putting the firm on track to make its first annual pretax profit in 2014.
By Freya Berry. LONDON, March 12 (Reuters) - Poundland and Pets at Home set the prices for their initial public offerings (IPOs) on Wednesday, the latest British retailers to capitalise on London's buoyant market conditions.
Indonesian Air Force ground crew gesture to the pilots of a maritime patrol aircraft before a search for the missing Malaysia Airlines plane at Suwondo air base in Medan, Indonesia.