Analysts caution that the road to recovery at Tesco will be a long one

At last, something for the man with the toughest job in retail to smile about: sales at Tesco have returned to growth for the first time in a year.Pri(...)

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(...)

The Office for National Statistics (ONS) said the volume of goods bought at British stores last month jumped by 6.4 per cent from November 2013

British retail sales surged at their fastest annual rate in more than a decade last month, as US-style “Black Friday” discounts drove record sales gro(...)

Sweet spot: Aryzta chief executive Owen Killian at a ceremony in the RDS last Friday at which he was awarded the Gold Medal for industry in recognition of his success with Aryzta and previously IAWS. Photograph: Cyril Byrne

Aryzta boss Owen Killian tells a story about returning to Dublin from Zurich in January 2010. At the time, Ireland was in financial meltdown: unemp(...)

Traders are pictured at their desks in front of the DAX board at the Frankfurt stock exchange yesterday.The  DAX Index climbed 0.3 per cent. Photograph: Reuters

National benchmark indices advanced in nine of the 18 western-European markets yesterday. Germany’s DAX Index climbed 0.3 per cent and France’s CAC 4(...)

CRH is to offload its share in a builder merchanting chain in France by the end of this year. Photograph: Brenda Fitzsimons.

European stocks fell as China’s minister for finance Lou Jiwei dampened speculation his government will boost economic stimulus. Commodities producers(...)

Alt-J: “We get to go home after touring to live completely normal lives, and then go back on tour to play at being rock stars. It’s incredible, and we’re hoping that’ll continue for a long time,”

Sudden success doesn’t always translate into sudden rushes of blood to the head – not if you’re a member of Alt-J, anyway. It seems that the remaining(...)

Former taoisigh Brian Cowen (left) and Albert Reynolds with Arthur French of the K Club at a reception in Áras an Uachtaráin hosted by President Mary McAleese.  Photograph : Matt Kavanagh/The Irish Times.

The former taoiseach Albert Reynolds, who has died aged 81, made Northern Ireland his priority when he took office in 1992. Building on the groundwork(...)

Aer Lingus closed down 1.6 per cent at €1.314 after it emerged that Denis O’Brien had sold 4.1 million shares in the airline, to reduce his stake to 2.4 per cent. Photograph: Peter Muhly/Getty

European stocks dropped to their lowest level in more than three months as concern mounted about a build-up of Russian troops along the border with(...)

Tesco chief executive Dave Lewis is expected to spend his first months at the retailer listening. Photograph: EPA

When Dave Lewis takes over as chief executive of Tesco in October, following the sudden ousting of Philip Clarke last week, he faces the task of reviv(...)