News

A chain of electrical stores under the Comet name is to be launched in a bid to fill the gap in the market left by the now-defunct retailer.

JJB and Sports Direct cleared in fraud probe but inquiry continues

The serious Fraud Office (SFO) has dropped its criminal inquiry into the sports equipment retailers Sports Direct and JJB Sports over alleged cartel activities, but the regulator has vowed to continue its investigation into individuals.

Business Diary: The blogger doth protest too much

There's nothing that winds up the digital crowd more than print folk having the nerve to encroach on their territory. The reaction of online media commentators to the news that Rupert Murdoch wants to launch an internet-only paper for devices such as the iPad was wonderfully predictable. "Murdoch, however, is nothing if not delusional," writes Paul Carr on Techcrunch. "This is the last gasp effort of a man who knows the end is nigh." Sounds like a man who feels threatened to us.

Wealthy Indian promises £300m after proposed Rovers buy-out

The Blackburn Rovers chairman, John Williams, says a number of parties have expressed interest in buying the club, with a company run by the wealthy Indian businessman Ahasan Ali Syed yesterday confirming a formal approach. Rovers will want definite proof of investment plans before they agree to any takeover.

Primark and JJB Sports defy jitters on high street

Two of the high street's biggest chains reported sharp jumps in sales yesterday, providing further evidence of resilient consumer spending.

GW's Cannabis-based drugs keep us in the race for stock gains

The Independent came up with a 'Special Situations' portfolio for its share tips for the year. James Moore looks at how they're doing six months in

Investment Column: Great results, but Man's not a buy just yet

Cable & Wireless; JJB Sports

JJB hopes to score with World Cup sales

Keith Jones, the new chief executive of JJB Sports, will provide his first insight into the retail chain's recovery strategy on Thursday, when it is expected to post a loss of nearly £70m for the year to January.

Sports Direct to block £20m rescue plan for Blacks Leisure

Ashley seizes back Blacks' stake to enable vote at EGM

Suits You chain cuts rents to avoid collapse

The group behind the Suits You menswear chain has become the latest retailer to unveil an insolvency procedure to slash its costs and stave off collapse.

Darts: The Power and the glory

Phil Taylor is set to make £2m this year after winning his 15th world title. Paul Newman on how he's taking darts to the big time

Crisis bites into KPMG's profits

The professional services firm KPMG saw its profits fall as the financial crisis threw the economy off course, though its restructuring practice swelled as struggling companies queued up for advice.

JJB hires new chief executive from Currys owner

JJB Sports took another major step along its road to recovery by hiring Keith Jones, the current retail director at Currys owner DSGi, as chief executive yesterday. The sports equipment retailer said Mr Jones, who has been at the electricals group for the past 10 years, will join no later than 1 March.

Market Report: Festive sales spirit cheers Debenhams

Retailers were in focus last night, with Debenhams gaining ground as analysts looked ahead to the key Christmas trading period.

JD sells stake in rival JJB

JD Sports Fashion today sold its entire 9.9 per cent stake in rival JJB Sports for £16.3m.

Ex-drugs tsar Hellawell named chairman of Sports Direct

Keith Hellawell, the former government drugs tsar who resigned over the declassification of cannabis, has been appointed non-executive chairman of Sports Direct, ending the sportswear group's two-and-a-half-year search for a new boss.

Career Services

Day In a Page

Independent Travel
Burgundy, the River Rhone & Provence – Five-star MS Swiss Corona 7 nights from £999pp
Lake Como St Moritz & the Bernina Express 7 nights from £809pp
Vietnam
Lake Maggiore, Orta & the Matterhorn 7 nights from £939pp
South Africa
Spain
Prices correct as of 19 December 2014
A timely reminder of the bloody anniversary we all forgot

A timely reminder of the bloody anniversary we all forgot

Who remembers that this week we enter the 150th anniversary year of the end of the American Civil War, asks Robert Fisk
Homeless Veterans appeal: Former soldiers pay their respects to a friend who also served

Homeless Veterans appeal

Former soldiers pay their respects to a friend who also served
Downfall of Dustin 'Screech' Diamond, the 'Saved By The Bell' star charged with bar stabbing

Scarred by the bell

The downfall of the TV star charged with bar stabbing
Why 2014 was a year of technological let-downs

Why 2014 was a year of technological let-downs

Security breaches and overhyped start-ups dominated a year in which very little changed (save the size of your phone)
Cuba's golf revolution: But will the revolutionary nation take 'bourgeois' game to its heart?

Will revolutionary Cuba take 'bourgeois' golf to its heart?

Fidel Castro ridiculed the game – but now investment in leisure resort projects is welcome
The Locked Room Mysteries: As a new collection of the genre’s best is published, its editor Otto Penzler explains the rules of engagement

The Locked Room Mysteries

As a new collection of the genre’s best is published, its editor explains the rules of engagement
Amy Adams on playing painter Margaret Keane in Tim Burton's Big Eyes

How I made myself Keane

Amy Adams hadn’t wanted to take the role of artist Margaret Keane, because she’d had enough of playing victims. But then she had a daughter, and saw the painter in a new light
Ed Richards: Parting view of Ofcom chief. . . we hate jokes on the disabled

Parting view of Ofcom chief... we hate jokes on the disabled

Bad language once got TV viewers irate, inciting calls to broadcasting switchboards. But now there is a worse offender, says retiring head of the media watchdog, Ed Richards
A look back at fashion in 2014: Wear in review

Wear in review

A look back at fashion in 2014
Ian Herbert: My 10 hopes for sport in 2015. Might just one of them happen?

Ian Herbert: My 10 hopes for sport in 2015

Might just one of them happen?
War with Isis: The West needs more than a White Knight

The West needs more than a White Knight

Despite billions spent on weapons, the US has not been able to counter Isis's gruesome tactics, says Patrick Cockburn
Return to Helmand: Private Davey Graham recalls the day he was shot by the Taliban

'The day I was shot by the Taliban'

Private Davey Graham was shot five times during an ambush in 2007 - it was the first, controversial photograph to show the dangers our soldiers faced in Helmand province
Revealed: the best and worst airlines for delays

Revealed: the best and worst airlines for delays

Many flyers are failing to claim compensation to which they are entitled, a new survey has found
The stories that defined 2014: From the Scottish independence referendum to the Ice Bucket Challenge, our writers voice their opinions

The stories that defined 2014

From the Scottish independence referendum to the Ice Bucket Challenge, our writers voice their opinions
Stoke-on-Trent becomes first British city to be classified as 'disaster resilient' by the United Nations

Disaster looming? Now you know where to head...

Which British city has become the first to be awarded special 'resilience' status by the UN?