Sainsbury's chief executive Justin King unveils a jump in sales and profits at the UK's second biggest supermarket chain amid signs of impatience from the City at the pace of progress... more
David Cameron chairs the first meeting of his new, 16-strong, business advisory group, with many observers noting no bankers were present apart from HSBC’s outgoing chairman Stephen Green... more
Tories win backing of some of the leaders of Britain's biggest companies for their plan to reverse part of the Government's national insurance increase... more
J Sainsbury says sales are growing at the slowest pace for five years, the first serious sign that the supermarket boom of the past few years is fading... more
J Sainsbury looked set for a bumper Christmas today, as it shrugged off talk that it is losing market share and posted a sharp rise in sales and profits ... more
Is the recession over? That question will finally be answered on Friday when gross domestic product figures for the third quarter are published... more
J Sainsbury chief executive Justin King today sounded a note of caution over the UK economy and warned that recovery from recession will be muted at best ... more
The City's grandest investment banks are risking a backlash from clients who are irritated by the £1.5 billion charged this year for simple share placings and rights issues... more
Citigroup's Corporate Special Opportunities hedge fund is returning only three cents on the dollar to investors — underscoring the depths of the difficulties at the alternative investment unit once headed by the bank’s current chief executive, Vikram Pandit... more
We ARE halfway there: today is the mid-point between London winning the bid to host the Olympics in July 2005 and the start of the Games themselves in July 2012... more
Retail: Sainsbury is toasting its best ever Christmas, pledging to create thousands of new jobs and offering hope for 120,000 existing staff that they will still get a bonus this year... more
Retail: J Sainsbury delivered a confident set of results, claiming to be blooming despite the credit crunch and taking custom from rivals such as Waitrose and Marks & Spencer... more
Sainsbury's staff are to share a £47million bonus pot as the supermarket giant celebrates a near 30% leap in annual profits - the culmination of a three-year turnaround plan led by chief executive Justin King... more
Afternoon:
8°c
