Marks & Spencer. Its sales have been falling for the past two years and chief executive Marc Bolland is pinning his hopes for a revival on these new clothing ranges, the first full collection his new fashion team has put together.

Marc Bolland’s team show off latest template for wooing Middle Eangland

Chancellor George Osborne: some commentators accused him of creating a government-backed sub-prime mortgage sector. Photograph: Chris Harris/The Times/PA Wire

Fears that scheme designed to help first-time buyers may actually push up property prices

Britain’s chancellor George Osborne: the pressure has been mounting on him in the run-up to tomorrow’s GDP announcement, not least from the International Monetary Fund, which has joined the chorus of those questioning his rigid adherence to austerity. Photograph: Christopher Furlong/Reuters

Forecasters are united on one thing – Britain’s economy is in dire straits

Pop band One Direction. Simon Walker, head of the UK Institute of Directors, wasn’t exactly sure but he thought it was “mad” that the boyband earned £25 million (€29 million) last year, a cool £5 million apiece for the five members

Business secretary insists focus is on overpaid, underperforming executives

Former HBOS chief executive Sir James Crosby

Will abysmal management be punished by lifetime bans from the City?

Bank of England governor Mervyn King at the opening of the Prudential Regulation Authority. Photograph: Lefteris Pitarakis/Reuters

New regulatory regime signals the end of ‘light touch’ after FSA’s failures

The pharma giant has announced major job losses in the British chancellor’s own constituency

Funding for Lending – or should it be Funds for Pretending? That seems a more appropriate name for the UK government’s much-hyped…

As more retailers are caught up in the horse meat crisis, the scale of the impact on sales at UK supermarkets is starting to …

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