Bank of England governor Mark Carney: expected to be questioned on what impact the new government’s austerity programme might have on the UK’s fragile economic recovery. Photograph: Simon Dawson/Bloomberg

Bank of England governor Mark Carney emerges from his election purdah today and his update on the UK economy is eagerly awaited in the City. Al(...)

Analysts expect Sainsbury’s to report its first loss in a decade after being hammered by hefty property writedowns

It’s not every day that a chief executive with a criminal conviction for embezzlement delivers his company’s results to the City, let alone the head o(...)

David Cameron admitted the economy was performing in a “less exciting way”. Photograph: Simon Dawson/Bloomberg/File photo

A halving of the economic growth rate is the last thing a government needs with an increasingly hard-fought election just nine days away.Prime ministe(...)

Marks & Spencer:  while other retailers may struggle, shoppers have been clamouring for a 1970s-inspired beige suede skirt from its Limited Edition range. Photograph: Cyril Byrne

In the fickle business of fashion it’s all about calling the right trends. But even getting the ranges right doesn’t always guarantee a boost to the b(...)

British Gas stands accused of not passing on the full benefits of cheaper oil prices

The vacancy for one of the toughest, and most politically-sensitive, jobs in British business has just been filled, with the appointment of insurance (...)

The over-55s’ dilemma: Lamborghini or Caribbean cruise? Retirees now have access to their pension pots rather than forcing them to use the cash to buy an annuity

Lamborghini or Caribbean cruise? Fitted kitchen or new conservatory? These are some of the more appealing dilemmas that millions of over-55s are now w(...)

Pedestrians in  Oxford Street  on Tuesday. The prospect of the return of deflation after over 50 years had economists and journalists thumbing through the history books. Photograph: Andy Rain/EPA

Britain may have avoided its first fall into deflation in more than half a century, but it’s only a matter of time.Official government figures for Feb(...)

The 2015 inflation basket owes more than a little to the influence of the hipster – in come craft beer, ecigarettes, headphones and music subscription services such as Spotify.

Hipsters may have been declared passé by the trend-spotters but their influence is going mainstream thanks to the team of government number crunche(...)

 John Lewis on Oxford Street,  London. Retail analyst Nick Bubb is forecasting an 8 per cent fall in pre-exceptional profits to around £350 million, reflecting a 20 per cent slump in operating profits at Waitrose.

The payouts that give bonuses a good name will be revealed Thursday morning, when the John Lewis Partnership announces its annual results.To the usual(...)

Barclays’  chief executive  Antony Jenkins: “We have made very good progress. The bonus is recognition of that and I decided to accept it on this occasion.” Photograph: Simon Dawson/Bloomberg

In the City, it’s known as “the L’Oréal moment” – when a boss decides to take the bonus his board has offered “because I’m worth it”.Barclays boss Ant(...)