News

Outlook Stefano Pessina thinks I'm an idiot (this isn't a club of one, I grant you).

Shock as Boots chief steps down

Health and beauty chain Alliance Boots has announced the shock resignation of boss Andy Hornby after less than two years in the role.

The Business On: Andy Hornby, chief executive, Alliance Boots

He looks familiar

Boots defies the snow to keep marching forward

Alliance Boots, the pharmacy and health and beauty giant, achieved a 15.6 per cent leap in total revenues in the final quarter of 2010, despite challenging trading and the UK's heavy snowfall.

The business heroes and villains of 2010

Who were the good guys and who were the bad guys in business and economics in 2010? James Moore is your guide to <i>The Independent's</i> halls of fame, and shame

Boots to open second 'drive through' chemist

Boots is to expand its drive-through pharmacy format following a successful trial in Colchester.

Business Diary: Lloyds shows its dark-horse skills

Given the leaky nature of banks – HSBC's recent succession travails were a prime example – Lloyds Banking Group deserves congratulations for keeping under wraps the hiring of Antonio Horta-Osorio as its new chief executive until it felt ready to announce it. One of The Independent's rivals was even claiming yesterday that the bank had yet to appoint headhunters. Officially, the line from Lloyds on Tuesday, as it unveiled its third-quarter numbers, was that the search was "progressing". If only banks always made such speedy progress.

Asda becomes the latest firm to axe its final salary pension

The UK's second biggest supermarket, Asda, is to close its final-salary pension scheme after the scheme's deficit almost doubled to £400m in the past nine months alone.

Boots poaches Argos executive

Alliance Boots has lured a former director of Home Retail to its UK health and beauty division.

Alliance Boots to cut 900 non-store jobs

Alliance Boots is to shed 900 non-store-based jobs in the UK over the next three years. The chemist and pharmaceuticals wholesaler, which owns Boots, said the cuts would slash its annual operating costs by about £56m by 2013-14.

Defined-benefit pension deficits widen, warns Mercer report

Falling corporate bond yields and volatile equity markets are likely to cause a headache for companies that offer their staff defined-benefit pension schemes, research published yesterday shows.

David Prosser: Sir Stuart fades from the public eye

Outlook Sir Stuart Rose must be counting the days until 4 January 2011, when he is finally due to walk away from Marks & Spencer. He clearly feels thoroughly under-appreciated for his record at M&S, with rows over corporate governance and pay, and a mixed performance over the past 18 months from the retailer having undermined his claim to have rescued it from the clutches of Sir Philip Green six long years ago.

James Moore: Will Mercer still be crowing in 20 years?

Outlook Mercer, the pension consultant, was positively crowing yesterday. The pension buyout market has sparked into life over the last 12 months and guess who's done terribly well out of it?

Business Diary: Hornby to run the gauntlet

Speaking to a female crowd isn't always easy, as Tony Blair famously discovered on addressing the Women's Institute.

Ex-HBOS chief makes swift &pound;2m at Boots

The former boss of rescued bank HBOS earned more than £2 million in pay and benefits for just nine months in his new job heading high street giant Alliance Boots, it emerged today.

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Independent Travel
Pompeii, Capri & the Bay of Naples
Dubrovnik, the Dalmatian Coast & Montenegro
Burgundy, the River Rhone & Provence
Lisbon, Oporto and the Douro Valley
Lake Garda, Venice & Verona
Spain
Prices correct as of 30 January 2015
Isis hostage crisis: The prisoner swap has only one purpose for the militants - recognition its Islamic State exists and that foreign nations acknowledge its power

Isis hostage crisis

The prisoner swap has only one purpose for the militants - recognition its Islamic State exists and that foreign nations acknowledge its power, says Robert Fisk
Missing salvage expert who found $50m of sunken treasure before disappearing, tracked down at last

The runaway buccaneers and the ship full of gold

Salvage expert Tommy Thompson found sunken treasure worth millions. Then he vanished... until now
Homeless Veterans appeal: ‘If you’re hard on the world you are hard on yourself’

Homeless Veterans appeal: ‘If you’re hard on the world you are hard on yourself’

Maverick artist Grayson Perry backs our campaign
Assisted Dying Bill: I want to be able to decide about my own death - I want to have control of my life

Assisted Dying Bill: 'I want control of my life'

This week the Assisted Dying Bill is debated in the Lords. Virginia Ironside, who has already made plans for her own self-deliverance, argues that it's time we allowed people a humane, compassionate death
Move over, kale - cabbage is the new rising star

Cabbage is king again

Sophie Morris banishes thoughts of soggy school dinners and turns over a new leaf
11 best winter skin treats

Give your moisturiser a helping hand: 11 best winter skin treats

Get an extra boost of nourishment from one of these hard-working products
Paul Scholes column: The more Jose Mourinho attempts to influence match officials, the more they are likely to ignore him

Paul Scholes column

The more Jose Mourinho attempts to influence match officials, the more they are likely to ignore him
Frank Warren column: No cigar, but pots of money: here come the Cubans

Frank Warren's Ringside

No cigar, but pots of money: here come the Cubans
Isis hostage crisis: Militant group stands strong as its numerous enemies fail to find a common plan to defeat it

Isis stands strong as its numerous enemies fail to find a common plan to defeat it

The jihadis are being squeezed militarily and economically, but there is no sign of an implosion, says Patrick Cockburn
Virtual reality thrusts viewers into the frontline of global events - and puts film-goers at the heart of the action

Virtual reality: Seeing is believing

Virtual reality thrusts viewers into the frontline of global events - and puts film-goers at the heart of the action
Homeless Veterans appeal: MP says Coalition ‘not doing enough’

Homeless Veterans appeal

MP says Coalition ‘not doing enough’ to help
Larry David, Steve Coogan and other comedians share stories of depression in new documentary

Comedians share stories of depression

The director of the new documentary, Kevin Pollak, tells Jessica Barrett how he got them to talk
Has The Archers lost the plot with it's spicy storylines?

Has The Archers lost the plot?

A growing number of listeners are voicing their discontent over the rural soap's spicy storylines; so loudly that even the BBC's director-general seems worried, says Simon Kelner
English Heritage adds 14 post-war office buildings to its protected lists

14 office buildings added to protected lists

Christopher Beanland explores the underrated appeal of these palaces of pen-pushing
Human skull discovery in Israel proves humans lived side-by-side with Neanderthals

Human skull discovery in Israel proves humans lived side-by-side with Neanderthals

Scientists unearthed the cranial fragments from Manot Cave in West Galilee