Pressure is mounting on the competition watchdog to launch an investigation into a potential £10bn-plus tie up between Sainsbury’s and Asda amid fears customers could be left worse off. Sainsbury’s and US retail giant Walmart, which owns Asda, are in […]

‘He used the composure and delicacy of an Attila,” said Marina Berlusconi, eldest daughter of former Italian prime minister Silvio. Her barb was directed at Vincent Bollore, the French tycoon behind the media giant Vivendi, who has crossed the Alps […]

High Street struggler Mothercare is seeking outside financing as it races to seal a rescue package by the middle of May. The troubled chain has been working with investment bank Rothschild to explore alternative financing options beyond its current lenders, […]

TSB is facing mounting criticism for rushing through a full-scale IT system switch of 1.3 billion customer records in one go, leading to a meltdown and more than a week of outages to vital banking systems. The challenger bank opted […]

The backers of one of the country’s largest bargain chains are stitching together a rescue package that will see it receive a one-off cash injection and ditch a chunk of its portfolio of stores. The Original Factory Shop wants to […]

A fresh wave of pay revolts is set to hit the City in the coming weeks as the annual general meeting season begins. At least three shareholders are

Barclays is preparing for a potential showdown with notorious New York-based corporate raider Ed Bramson at its annual general meeting in London on Tuesday. Speculation is rife that Mr Bramson will turn up to the event at the QEII Conference […]

Big financial institutions including Blackstone and Jupiter Asset Management have set strict caps on client lunches in the latest sign that the days of the City’s famously lavish wining and dining could be coming to an end. The tradition of […]

Three major pharmaceutical companies are searching for new UK offices, quelling fears that the country’s exit from the European Union will force businesses to relocate elsewhere, limiting future research and development in Britain. Swiss company Novartis is hunting for a […]

Sainsbury’s is in talks about a £10bn-plus merger with Asda that could force the sale or closure of hundreds of stores across the UK to win the approval of competition regulators. Sainsbury’s confirmed it was in “advanced” discussions with US […]