Online grocery group Ocado is set to make its first annual profit since being set up by three former Goldman Sachs bankers in 2000.

It’s taken almost a decade and a half but, at last, online grocery group Ocado is set to make its first annual profit since being set up by three form(...)

The move underlines the increasing threat of the German discounters Aldi and Lidl in the UK. They have consistently been among Britain’s fastest-growing supermarkets, and have been winning more affluent customers.

Sainsbury, the British supermarket chain known for its relatively upmarket image, is to enter the fast-growing hard discount sector, through a joint v(...)

TSB Banking Group surged 12 per cent on its first day of trading as Lloyds Banking Group sold a 35 per cent stake in the lender, more than initially planned. Photograph: Nick Ansell/PA Wire

European stocks were little changed yesterday, paring gains in the final minutes of trading, amid increased merger and acquisition activity. The Stox(...)

Lady Neville-Rolfe: “Some villages will end up without retail.”

Lucy Neville-Rolfe remembers when her then young children caused chaos running around 10 Downing Street during John Major’s years when she came in one(...)

Tensions between Ukraine and Russia escalated ahead of this weekend’s referendum in Crimea. Photograph: Tyler Hicks/The New York Times

US stocks were little changed in a volatile session yesterday, setting all three indexes up for a weekly decline, as concerns (...)

State Street has a significant presence in Ireland, employing more than 2,000 people from offices in Dublin, Drogheda, Kilkenny and Naas.

The commission of the National Pension Reserve Fund (NPRF) is to consider what action it might take with State Street following the decision of the(...)

Applicants now may be interviewed to check their suitability for disability badges, while higher-quality, harder-to-forge badges are now issued centrally, not locally. Photograph: Getty

British motorists can be a grumpy lot. Some complaints are justified, some are not. On a long list, the abuse of disabled parking bays in supermarkets(...)

The acceleration in Poundland’s worth has mirrored the economic crisis since 2007 – its fortunes rose as the wider economy in the UK fell further into recession. Photograph: Matthew Lloyd/Bloomberg via Getty Images

Twenty-three years ago, a shop opened in Burton-on-Trent in England. Last month, it moved to bigger premises in the Staffordshire town, now employing (...)

Prof Frank Barry: discussions in the US over the tax practices of multinational corporations are “gridlocked”

Discussions in the US over the tax practices of multinational corporations (MNCs) are “gridlocked”, attendees at a seminar at Trinity College Dublin h(...)

If you believe George Osborne, Britain’s economy has turned the corner and the millions of people who make up the “squeezed middle” might finally be a(...)