News

Marks & Spencer has joined retailers trying to lure shoppers on to the high street before Christmas with plans for a flash sale across its stores tomorrow.

Lifestore faces axe as Green plots fresh offer for Marks & Spencer

Stuart Rose, the new chief executive of Marks & Spencer, is preparing to ditch Lifestore, the retailer's ill-fated foray into stand-alone homeware stores.

Rose in line for £2m pay-off if Green bid for M&S succeeds

Stuart Rose, the new chief executive of Marks & Spencer, will be entitled to a £2.1m pay-off if Philip Green's bid for the retail chain succeeds.

M&S calls in Rose to defend hostile bid

Chairman and chief executive ousted. Non-executives lost confidence in Roger Holmes two weeks ago

Stuart Rose favourite for M&S job

Stuart Rose, the former boss of Arcadia, yesterday emerged as the frontrunner to become Marks & Spencer's next chairman as the troubled retailer confirmed that Luc Vandevelde was stepping down.

The Investment Column: Booker

WHO WOULD have thought it? Booker, that dull old cash and carry business, is trying to become an Internet stock. That was the implication of its announcement yesterday that Booker plans to use its huge distribution and warehouse capability to offer a delivery service to online partners.

Books: A runaway juggernaut

Emma Cook talks to Booker Prize survivors about the literary event nobody can dent

Outlook: Allied Carpets

A FULL-BLOWN carpet auction finally seems in prospect. Allied Carpets, the loss-making retail struggler, has bidders queueing at its door. Three would-be buyers have so far declared their hand and, if the company's propaganda machine is to be believed, there are more waiting in the wings.

Parliament & Politics: The Sketch - Pilot schemes scramble to attack yawns at four o'clock

GETTING THROUGH education and employment questions is a bit like tackling an arduous ice-climb. You need artificial aids if you are not to lose your grip on the almost frictionless surface and slither, in one long accelerating glissade, until you crunch fatally into business questions at the bottom. I had a couple of nasty falls yesterday, and found myself suddenly brought up short by the safety rope, wondering where I was. But in the end, with the help of the crampons of fantasy and the trusty ice- axe of idle speculation, I made it.

Booker sells food services for pounds 125m

BOOKER, THE debt-laden cash & carry group, has agreed to sell its food service operations to a South African group, Bidvest, for pounds 124.7m. Booker will book a pounds 50.5m loss on the deal and there will be an exceptional charge of pounds 98m to the accounts in the current year to cover a goodwill write-off, writes Nigel Cope.

Panel dismisses GUS complaints against Argos

THE TAKEOVER PANEL yesterday unanimously dismissed the remaining complaints registered by Great Universal Stores regarding claims made by the former Argos team during its successful pounds 1.9bn bid for Argos last year.

City takes fright at pounds 23m Booker charge

BOOKER, the debt-laden cash-and-carry business, is cutting 600 jobs and taking an exceptional charge of pounds 23m as part of a deal to sell its food distribution division. The company is selling Booker Wholesale Foods (BWF) to food wholesaler Palmer & Harvey for a knock-down pounds 4.4m as it strives to reduce its pounds 650m debt mountain.

Takeover Panel throws out GUS appeal

THE TAKEOVER Panel yesterday unanimously dismissed an appeal by Great Universal Stores relating to its successful pounds 1.9bn bid for Argos last year.

Football: Robinson times it right for Wolves

Wolverhampton Wanderers 2 Sheffield United 1
News
i100 In this video, the late actor Leonard Nimoy explains how he decided to use the gesture for his character
News
Robert De Niro has walked off the set of Edge of Darkness
news The Godfather Part II actor has an estimated wealth of over $200m
Arts and Entertainment
Fearne Cotton is leaving Radio 1 after a decade
radio The popular DJ is leaving for 'family and new adventures'
Sport
Robbie Savage will not face a driving ban
football
Voices
voices
Life and Style
Nearly half of all young people in middle and high income countries were putting themselves at risk of tinnitus and, in extreme cases, irreversible hearing loss
health Nearly half of all young people in middle and high income countries are at risk of tinnitus
News
It was only when he left his post Tony Blair's director of communications that Alastair Campbell has published books
people The most notorious spin doctor in UK politics has reinvented himself
Career Services

Day In a Page

Independent Travel
Pompeii, Capri & the Bay of Naples
Seven Cities of Italy
Burgundy, the River Rhone & Provence
Prague, Budapest and Vienna
Lake Garda
3.	Provence 6 nights B&B by train from £599pp
Prices correct as of 20 February 2015
HIV pill: Scientists hail discovery of 'game-changer' that cuts the risk of infection among gay men by 86%

Scientists hail daily pill that protects against HIV infection

Breakthrough in battle against global scourge – but will the NHS pay for it?
How we must adjust our lifestyles to nature: Welcome to the 'Anthropocene', the human epoch

Time to play God

Welcome to the 'Anthropocene', the human epoch where we may need to redefine nature itself
MacGyver returns, but with a difference: Handyman hero of classic 1980s TV series to be recast as a woman

MacGyver returns, but with a difference

Handyman hero of classic 1980s TV series to be recast as a woman
Tunnel renaissance: Why cities are hiding roads down in the ground

Tunnel renaissance

Why cities are hiding roads underground
'Backstreet Boys - Show 'Em What You're Made Of': An affectionate look at five middle-aged men

Boys to men

The Backstreet Boys might be middle-aged, married and have dodgy knees, but a heartfelt documentary reveals they’re not going gently into pop’s good night
Crufts 2015: Should foreign dogs be allowed to compete?

Crufts 2015

Should foreign dogs be allowed to compete?
10 best projectors

How to make your home cinema more cinematic: 10 best projectors

Want to recreate the big-screen experience in your sitting room? IndyBest sizes up gadgets to form your film-watching
Manchester City 1 Barcelona 2 player ratings: Luis Suarez? Lionel Messi? Joe Hart? Who was the star man?

Manchester City vs Barcelona player ratings

Luis Suarez? Lionel Messi? Joe Hart? Who was the star man at the Etihad?
Arsenal vs Monaco: Monaco - the making of Gunners' manager Arsene Wenger

Monaco: the making of Wenger

Jack Pitt-Brooke speaks to former players and learns the Frenchman’s man-management has always been one of his best skills
Cricket World Cup 2015: Chris Gayle - the West Indies' enigma lives up to his reputation

Chris Gayle: The West Indies' enigma

Some said the game's eternal rebel was washed up. As ever, he proved he writes the scripts by producing a blistering World Cup innings
In Ukraine a dark world of hybrid warfare and murky loyalties prevails

In Ukraine a dark world of hybrid warfare

This war in the shadows has been going on since the fall of Mr Yanukovych
'Birdman' and 'Bullets Over Broadway': Homage or plagiarism?

Homage or plagiarism?

'Birdman' shares much DNA with Woody Allen's 'Bullets Over Broadway'
Broadchurch ends as damp squib not even David Tennant can revive

A damp squib not even David Tennant can revive

Broadchurch, Series 2 finale, review
A Koi carp breeding pond, wall-mounted iPads and a bathroom with a 'wellness' shower: inside the mansion of Germany's 'Bishop of Bling'

Inside the mansion of Germany's 'Bishop of Bling'

A Koi carp breeding pond, wall-mounted iPads and a bathroom with a 'wellness' shower