Homebase said the closure of 80 of its stores was at least partly down to the rise of a generation less skilled in DIY projects. Photograph: Frank Baron for the Guardian.
A man with a plan. Andrew Witty, chief executive officer of GlaxoSmithKline. Photograph: Bloomberg via Getty Images. Wednesday 22 October 2014 14.49 EDT.
Tesco is considering spinning off its Asian operations and floating them as a separate company as the embattled grocer examines ways to raise billions of pounds to shore up its stretched finances.
Facebook paid its average British worker �237,000 last year - more than it has paid in UK corporation tax in the last three years combined.
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.