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

Dalton Philips, the globetrotting Irish retail executive, will soon be heading back to his homeland to reflect on the future after being sacked as chi(...)

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

It started out as a shameless marketing ploy to part shoppers with their cash. Now retailers are counting the cost of Black Friday as they survey the (...)

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

A power cut at the Bank of England added to the drama of the banking stress tests on Tuesday, as reporters and officials were forced to quit Threadnee(...)

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

The Nightmare before Christmas or 100 Days from Hell – however you describe it, rarely can a chief executive have endured a more catastrophic start(...)

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

When Dave Lewis was rushed in to take the reins at troubled supermarket group Tesco, he was candid about his qualifications, declaring: “I have never (...)

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, as “Black Friday” fever sweeps the nation. With(...)

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.

Four years ago, Helen Weir was being tipped as the first woman to run a top UK bank. Now she’s being named as a potential successor to Marc Bolland at(...)

The Daily Mail front page from Monday

The Daily Mail, Britain’s celebrity-obsessed mid-market tabloid, certainly knows how to spark a heated debate. And it’s not afraid of a bizarre headli(...)

A statue of Henry Royce stands outside the Rolls-Royce plant in Derby. The engineering group revealed plans to cut 2,600 jobs in its aerospace division, with the threat of more cuts to come.
Photograph: Reuters

It was a day of contrasting fortunes for British workers yesterday. First there was good news in the form of a landmark ruling that overtime should be(...)

Lloyds: bill for mis-selling payment protection insurance pushed over £11 billion. Photograph: Peter MacDiarmid/Getty Images

A few years ago, when former banks were being converted into trendy wine bars on an almost daily basis, Lloyds Banking Group made a pledge to its cust(...)