Dixons' chief executive Sebastian James said he has "wind in his sails" as he reported a continuing recovery at the electrical retailer, and the City is beginning to believe the story.

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Independent Crossword

It's a PC World, By Edward Stourton

Edward Stourton is an urbane and humane guide through the tricky terrain of the politically correct. Is the notion of PC speech and behaviour an enlightened, civilised way of fighting unfair discrimination; or is it a bullying, unjustified form of censorship? Good manners, or plain stupid? Stourton's aims are admirably clear: to identify what, exactly, "PC" means, and to distinguish between when it's appropriate and when it has lapsed into its alter ego, "PC gone mad".

Mark Steel: The significance of a concrete hippo in Walsall

In a desire to retain their identities, towns are reaching for new symbols

Best Buy delays UK roll out

The opening of the first Best Buy stores in the UK has been delayed until the first quarter of next year.

Investment Column: Good results but be careful with Spectris

Morgan Sindall; Ashmore Group

Cash-strapped companies to ask shareholders for more funding

Builders, retailers and banks target shareholders

Retailers report dire pre-Christmas results

DSGi and Home Retail say shoppers waited for the sales

Currys and PC World report drop in sales

Currys and PC World owner DSG International today revealed a 10 per cent drop in quarterly sales after shoppers put off purchases until after Christmas.

Fiery week ahead for Curry's boss as he reveals Christmas figures

Further pressure is likely to be heaped on John Browett, the chief executive of the struggling electronics chain DSG, if City expectations of a disastrous Christmas trading period are confirmed this week.

Tesco expected to lag behind three big rivals

Tesco, the world's third-largest retailer, is expected to post its worst UK festive sales for a number of years on Tuesday, although many other big retail names are expected to unveil far worse figures next week.

Yule Catto latest to scrap its dividend to save cash

Yule Catto, the chemical group, is the latest UK company to scrap its dividend in the face of economic uncertainty and the need to conserve cash.

Genius moments: November 2008

Comet reports losses of £8.1m

Electrical goods chain Comet piled on the misery for the UK retail sector today after crashing to first-half losses of £8.1 million.

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