Li Ka-shing: a week before his interest in O2 was revealed, his Hutchison Whampoa conglomerate added to its portfolio of UK holdings with a £2.5 billion takeover of Eversholt Rail.  Photograph: Alex Hofford/EPA

Consumers fear that fewer phone operators in UK will result in higher bills

Terry Leahy: stepped down as chief executive of Tesco three years ago after a glorious 14-year reign

Until now Terry Leahy had appeared happy to maintain a dignified silence on Tesco’s travails

Shares in the supermarket chain jumped more than 4 per cent after news of Dalton Philips’s departure, a brutal verdict from the City on the Irish man’s time at the top. Photograph: PA

Ousting of Irish man inevitable after worst performance among major British supermarket chains

Retailers are counting the cost of Black Friday as they survey the damage the discounts have done to their profit margins over the Christmas season. Photograph: Rob Stothard/Getty Images

London Briefing: Spending splurge dents Christmas profits

The Bank of England sign on the wall of its headquarters in London. A power cut at the bank added to the drama of banking stress tests yesterday

Bailed-out Bank of Scotland and Lloyds scrape through while inflation remains low

Tesco chief executive: Dave Lewis stunned investors by issuing the retailer’s fifth warning on profits this year. Photograph: Tesco/PA Wire

London Briefing: chief executive Dave Lewis declines to put timetable on recovery plan

 Tesco   chief executive hopes every little helps as he takes the reins and shakes up management. Photograph: Jeff J Mitchell/Getty Images

Stocks of capable leaders look to be running low at the supermarket chain

The 800,000 sq ft Amazon  fulfilment centre   in Swansea, Wales. Photograph: Matt Cardy/Getty Images

Britain’s retailers are gearing up for their busiest-ever online shopping day at the end of this week with huge discounts on a wid(...)

Still Britain’s biggest retailer by market share, M&S’s performance over Christmas will clearly be key to how much longer Marc Bolland can hold on to his job at the group.

Weir not only woman seeking a top job with retailer

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