Dave Lewis, chief executive officer of Tesco, just got an early Christmas present. The Competition and Markets Authority has provisionally cleared th(...)

The liquidation of the BHS chain is devastating news for the retailer’s 8,000 directly employed staff and the further 3,000 contractors who work there. Photograph: Yui Mok/PA Wire

For years, BHS has seemed like it was perennially on sale. This time it really was. But no buyer came forward.The end that had been in sight for years(...)

Tesco said its profit overstatement related to a trading update at the end of last month, when it unveiled its biggest profit alert
 and cut its dividend and slashed planned investment
. Photograph: Peter Macdiarmid/Getty Images

Tesco, Britain’s biggest retailer and one of its great corporate success stories of the past decade, has been thrown into turmoil after disclosing (...)