The placing into administration, a form of creditor protection, means BHS is Britain’s most high profile retail casualty since Phones4U in September 2014

British department stores group BHS collapsed into administration on Monday, putting about 11,000 jobs at risk. Philip Duffy and Benjamin Wiles, mana(...)

Paul Krugman does not go ignored in Japan. Photograph: Reuters/Franck Robichon/Pool
Planet Business

Image of the week: Rock-star economist Paul Krugman is big in Japan. The Nobel Prize-winning economist was in Tokyo this week to have a chat about (...)

 Sports Direct founder Mike Ashley in the picking warehouse at the firm’s headquarters in Shirebrook, Derbyshire. Photograph: Joe Giddens/PA Wire

Under-fire retailer Sports Direct has confirmed annual profits are under further pressure after founder Mike Ashley admitted the group was “in troubl(...)

For sale: DIT’s Cathal Brugha Street hotel school

The news this week that DIT’s Cathal Brugha Street hotel school is for sale reminded me of the wonderful years I spent there in the late 1990s. The in(...)

The new make-up of the FTSE has dealt another blow to Britain’s banks which have seen their profitability squeezed

For the first time in a decade, Britain’s financial sector has lost its status as the largest component of the UK’s prestigious index of blue-chip sto(...)

The figures from Debenhams are all the more surprising given the lacklustre performance of rivals Next and Marks & Spencer. Photograph: Brian Lawless/PA Wire

There was some good news on Tuesday for Morrisons and Debenhams as both defied gloomy expectations by checking in with better-than-expected Christmas (...)

Retailer Sports Direct has warned on profits, blaming poor trading on unseasonal weather over the Christmas period.

Retailer Sports Direct has warned on profits, blaming poor trading on unseasonal weather over the Christmas period. It said it was no longer confiden(...)

Mike Ashley (left, with Joe Kinnear) own Newcastle United Football Club as well as Sports Direct International. Photograph: Stu Forster/Getty Images

Mike Ashley, the billionaire founder of Britain’s biggest sporting goods retailer, is a man who’s used to getting his own way. But things haven’t be(...)

 Sports Direct founder Mike Ashley: will oversee  a review of conditions for his company’s thousands of agency warehouse workers. Photograph: Lee Smith/Reuters

Sports Direct, Britain’s biggest sportswear retailer, responded to critics of its employment practices on Friday with the launch of a review of condi(...)

Newcastle United owner and Sports Direct boss Mike Ashley is seen at St James’ Park in Newcastle. Photograph: Lee Smith/Reuters

Sports Direct, Britain’s biggest sportswear retailer, has responded to criticism of staff practices by launching a review of its agency workers’ terms(...)