Co-Operative Group Ltd. named former British Treasury Minister Paul Myners to lead the board's governance review two months after the 150 year-old mutual ceded control of its banking unit amid a capital shortfall.
Adidas has caused a major rift with the UK's biggest sportswear retailer Sports Direct after banning Mike Ashley's company from selling the club's replica football kit next season.
The UK's gender pay gap has widened for the first time since 2008, underlining concern that women's progress in the labour market may be stalling.
Lloyds Banking Group has been fined �28m for "serious failings" in relation to bonus schemes for sales staff. The Financial Conduct Authority said it was the largest fine that it or the former Financial Services Authority had imposed for retail conduct failings.
Blockbuster, the DVD and games rental chain that went into administration in January, is to close down completely after failing to attract a buyer.