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Lord Hesketh quits over ship remark

Lord Hesketh has resigned from his post as deputy chairman at engineering group Babcock International after branding the Royal Navy's aircraft carrier programme a...

US stocks slip as traders retreat

Stocks pulled back as traders retreated from a rally that brought indexes to their highest levels since the peak of the financial crisis in...

High food prices lift retail growth

Retail sales growth picked up last month thanks to sharp increases in food prices, but consumer caution continues to hamper the high street, according...

3,000 jobs as hotel chain expands

Hotel firm InterContinental is to create 3,000 jobs over the next four years as part of a multi-million pound investment in the UK. InterContinental Hotel...

Primark reports 35% rise in profits

Primark has reported an "outstanding" performance for the past year, with operating profits up 35%, but its owner warned that future margins will be...

Barclays records further profit dip

Barclays has announced a further drop in profits from its investment banking division as market conditions remain challenging. The BarCap arm, which accounts for around...

M&S new chief to push own brand

The new chief executive of retail giant Marks & Spencer has put the chain's own brand at the forefront of his vision for the...

FTSE 100 down after recent rally

Rolls-Royce shares pulled out of their nosedive as the group said it was making progress on finding the cause of the engine failure that...

Vodafone adjusts growth strategy

Vodafone has unveiled an updated growth strategy as it bids to capitalise on increasing consumer demand for smartphones. The mobile phone giant has pledged further...

Asos initiative 'must drive sales'

Online fashion retailer Asos has said it hoped a new feature allowing smaller, independent designers to sell through its website will help it build...

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