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Smurfit Kappa to join FTSE 250

Packaging manufacturer Smurfit Kappa Group (SKG) will be included as a constituent of the FTSE250 and FTSE All Share indexes from the close of...

Halfords profits edge higher as sales increase 1.5%

Profits at Halfords have nudged up as the retailer's turnaround continues under chief executive Jill McDonald. The car parts to bicycles firm said full year...

Axa strikes sale agreement with Phoenix Group

Axa has struck an agreement to sell its UK investment, pensions and direct protection businesses to US firm Phoenix Group. The £375m deal, which will...

Greece planning cautious return to bond markets in 2017

A senior official in Greece's finance ministry says the country is planning a gradual return to international debt markets next year. George Houliarakis, a deputy...

Amazon Fashion boss named as new Debenhams chief

Department store chain Debenhams has named Amazon Fashion boss Sergio Bucher as its new chief executive. Mr Bucher will join in October from Amazon, where...

Marks & Spencer’s chief warns over profits in price-cutting turnaround plan

Marks & Spencer's new boss Steve Rowe has pledged to slash prices and put more staff in stores to turn around its beleaguered clothing...

Profits at Ryaniar expected to soar

The City will look for more details on how the new boss at Marks & Spencer plans to turn the retailer around, profits at...

Nokia phones are about to make a comeback

Nokia, the makers of most people’s first mobile phone, is poised to make a comeback after finalising a deal to license out its brand...

Mitsubishi president to resign over mileage cheating scandal

Mitsubishi president Testuro Aikawa is stepping down over the mileage cheating scandal unfolding at the Japanese car maker. Mr Aikawa has told reporters he will...

Tesco boss Dave Lewis gets £2.9m bonus as supermarket returns to the black

Tesco chief executive Dave Lewis has been awarded an annual bonus of £2.9m, taking his total pay for the year to £4.6m. The figures, revealed...

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