Flybe boss Jim French, credited with turning the regional carrier into a major player in the European aviation market, is stepping down as chairman after more than 20 years with the company.

Sir Ken leaves on a high as Morrisons profits jump

Sir Ken Morrison was able to bow out from the supermarket chain Morrisons on a high yesterday as the group reported a 66 per cent jump in profits and announced a £1bn return of surplus capital to shareholders.

Planning shake-up targets supermarkets

The Competition Commission is expected to recommend changes to the planning system today to discourage supermarket chains from developing local monopolies.

BBC World takes on Murdoch in his back yard

As Rupert Murdoch's Fox News and CNN lob accusations of bias across America's political divide, the BBC hopes its rolling news channel BBC World could be a significant force in US television.

Reveal my tailor? It would ruin him, says Clarke

There can be few of us who, in surveying the generous frame of Kenneth Clarke, have not wondered where he gets his suits. Sadly, the answer is that we will never know.

Sir Ming hires spin doctor to help his battered image

* Call it desperation; call it a brave throw of the dice. Either way, Sir Menzies Campbell has decided to respond to recent troubles by throwing a fresh dollop of PR at the problem.

Nazi jailed for abuse of 25 children in Chilean colony

Paul Schaefer, an 84-year-old unrepentant Nazi who presided over a secretive German enclave behind barbed wire in Chile, has been jailed for 20 years for the abuse of 25 German and Chilean children. It was the end of nearly half a century of impunity for the man who fled similar charges in his native Germany in 1961.

Morrisons buys time with board appointment

The supermarket chain Wm Morrison will attempt to appease investors this week by announcing it is close to strengthening its board with the appointment of a third non-executive director.

Safeway setback puts Morrison's management in hot seat

WM Morrison admitted yesterday its £3bn acquisition of Safeway has run into further trouble, prompting its second profit warning in nine months.

Business Analysis: Morrisons struggles to make sales as merger takes its toll

Retailers have another poor day as fresh evidence emerges of downbeat Christmas

Somerfield to take over small Safeway stores

Supermarket group Somerfield is to take control of 114 smaller Safeway stores as part of a £260 million deal involving rival Morrisons, it said today.

Morrison stops the rot in converted Safeway stores

WM Morrison shares shot up 15 per cent yesterday in spite of a deteriorating performance in the group's core business and continued poor trading in the shops that came with this year's Safeway acquisition.

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