Mothercare is crawling towards a recovery as chief executive Simon Calver insisted the UK company was on target to break even within two years.

Paul Fisher, the executive director for markets and a member of the nine-strong rate setting committee, said the outlook was for only �a gentle recovery over the next three years�, adding that big businesses could be doing more by investing their large cash ...

Business leaders and politicians have raised concerns over the future of Inverness's links with London Gatwick. A three-times-a-day service operated by Flybe is in doubt following the airline's decision to sell all of its take-off and landing slots at Gatwick.

Tesco revealed that it paid �3m to two outgoing directors as executives lost out on their bonuses after the worst slump in profits in the company's history.

He warned profits would fall for the next two years as he launched a stinging attack on the company's previous management. Boost: Victoria Pendleton and her Halfords bike.