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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.

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The cartoon produced by Bruce MacKinnon for the Halifax Chronicle-Herald on Thursday, showing the bronze soldiers of the war memorial in Ottawa welcoming Corporal Cirillo into their midst
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Prices correct as of 17 October 2014
Wilko Johnson, now the bad news: musician splits with manager after police investigate assault claims

Wilko Johnson, now the bad news

Former Dr Feelgood splits with manager after police investigate assault claims
Mark Udall: The Democrat Senator with a fight on his hands ahead of the US midterm elections

Mark Udall: The Democrat Senator with a fight on his hands

The Senator for Colorado is for gay rights, for abortion rights – and in the Republicans’ sights as they threaten to take control of the Senate next month
New discoveries show more contact between far-flung prehistoric humans than had been thought

New discoveries show more contact between far-flung prehistoric humans than had been thought

Evidence found of contact between Easter Islanders and South America
Cerys Matthews reveals how her uncle taped 150 interviews for a biography of Dylan Thomas

Cerys Matthews on Dylan Thomas

The singer reveals how her uncle taped 150 interviews for a biography of the famous Welsh poet
DIY is not fun and we've finally realised this as a nation

Homebase closures: 'DIY is not fun'

Homebase has announced the closure of one in four of its stores. Nick Harding, who never did know his awl from his elbow, is glad to see the back of DIY
The Battle of the Five Armies: Air New Zealand releases new Hobbit-inspired in-flight video

Air New Zealand's wizard in-flight video

The airline has released a new Hobbit-inspired clip dubbed "The most epic safety video ever made"
Pumpkin spice is the flavour of the month - but can you stomach the sweetness?

Pumpkin spice is the flavour of the month

The combination of cinnamon, clove, nutmeg (and no actual pumpkin), now flavours everything from lattes to cream cheese in the US
11 best sonic skincare brushes

11 best sonic skincare brushes

Forget the flannel - take skincare to the next level by using your favourite cleanser with a sonic facial brush
Paul Scholes column: I'm not worried about Manchester United's defence - Chelsea test can be the making of Phil Jones and Marcos Rojo

Paul Scholes column

I'm not worried about Manchester United's defence - Chelsea test can be the making of Jones and Rojo
Frank Warren: Boxing has its problems but in all my time I've never seen a crooked fight

Frank Warren: Boxing has its problems but in all my time I've never seen a crooked fight

While other sports are stalked by corruption, we are an easy target for the critics
Jamie Roberts exclusive interview: 'I'm a man of my word – I'll stay in Paris'

Jamie Roberts: 'I'm a man of my word – I'll stay in Paris'

Wales centre says he’s not coming home but is looking to establish himself at Racing Métro
How could three tourists have been battered within an inch of their lives by a burglar in a plush London hotel?

A crime that reveals London's dark heart

How could three tourists have been battered within an inch of their lives by a burglar in a plush London hotel?
Meet 'Porridge' and 'Vampire': Chinese state TV is offering advice for citizens picking a Western moniker

Lost in translation: Western monikers

Chinese state TV is offering advice for citizens picking a Western moniker. Simon Usborne, who met a 'Porridge' and a 'Vampire' while in China, can see the problem
Handy hacks that make life easier: New book reveals how to rid your inbox of spam, protect your passwords and amplify your iPhone

Handy hacks that make life easier

New book reveals how to rid your email inbox of spam, protect your passwords and amplify your iPhone with a loo-roll
KidZania lets children try their hands at being a firefighter, doctor or factory worker for the day

KidZania: It's a small world

The new 'educational entertainment experience' in London's Shepherd's Bush will allow children to try out the jobs that are usually undertaken by adults, including firefighter, doctor or factory worker