i

Jones given £22m boost from LDC

Man arrested in Jia Ashton murder probe

A 22-year-old man has been arrested on suspicion of murdering an economics graduate whose body was found in woodland near her workplace.

Market Report: Contrarian investors help Morrisons advance

WM Morrison managed to reach its highest level for more than six months last night after the supermarket was picked out as a great bet for "contrarian investors". The group jumped up 3.1p to 297.9p, the latest rise in a run that has seen it lifted nearly 8 per cent since the start of April, as HSBC said the food retailers – and Morrisons in particular – were the best choice for those who like to go against the crowd.

Thorntons blames heatwave for profit meltdown over Easter

The scorching weather this Easter has caused a meltdown at the chocolate-maker Thorntons, forcing it to warn on profits for a second time in three months.

Hot weather hits Thorntons chocolate sales

Chocolatier Thorntons issued a profits warning today as it blamed the record temperatures in April for a meltdown in Easter sales.

The Bargain Hunter: Chocs away

Easter weekend is always a great time for bargain hunters and this year looks set to be no exception. Several major retailers are hosting sales including House of Fraser, Halfords and, perhaps more predictably, Thorntons the chocolatier. Thorntons's offer is three-for-two on Easter gifts plus a free box of chocolates worth £13.99 with all orders over £20 when using the discount code EA44. Meanwhile, both House of Fraser and Halfords have up to 50 per cent off dozens of items in store and online. The produce they sell may be entirely different but both retailers are clearly using the bank holiday spirit to attract new customers to their stores.

The Bargain Hunter: Nibbles to satisfy cravings ...

If you've decided to exercise a bit of restraint during Lent you could do worse than to head over to Food Doctor, where craving-satisfying nibbles can be found at wallet-friendly prices. Check out the full range of bargain books and snacks at ind.pn/FoodDoc

Thorntons warns it may have to close 227 stores

Thorntons, the chocolatier, has issued a profits warning for the third time in 10 months and indicated that it may have to close more than 200 stores over the next four years.

Joan Smith: Shops: do we get the service we deserve?

State of the British high street? It's rubbish. Don't take my word for it: some of the best-known names in retailing have reported poor results over the Christmas period, and they can't blame it all on shoppers staying at home because of the snow. The companies that own Argos, Homebase, PC World and Currys recorded a decline in like-for-like sales, with the electrical retailer Dixons reporting a 4 per cent fall in the UK and Ireland. Even chocolate sales are down on the high street, with the chocolate maker Thorntons suffering a decline of almost 6 per cent.

Thorntons warns prices could rise

Thorntons dealt chocolate-lovers a blow yesterday as it became the latest confectioner to warn soaring cocoa costs could soon lead to price rises.

FSA fines law firm over Lehman product sales

The City watchdog has fined a Dundee law firm and two individuals for giving clients "unsuitable advice" about investing in structured products backed by the collapsed group Lehman Brothers.

Investment Column: Thornton's shares like box of chocolates

Alliance Pharma; SQS

The Week Ahead: Evolution rather than revolution at Morrisons

Morrison's, the grocer, will provide the highlight of the reporting week when new chief executive Dalton Philips makes his first public City appearance following his appointment to replace Marc Bolland.

The Bargain Hunter: A catalogue of great deals

Great catalogue stores think alike – or so it would seem, as for the second time this year, seven of the biggest online retailers have launched a sale in the same week. AdditionsDirect.co.uk, Very.co.uk, Littlewoods.com, EmpireStores.co.uk, Marshallward.co.uk and Kays.com all have up to 60 per cent off items online, while Daxon.co.uk’s sale is up 50 per cent off.

Thorntons chief executive retires

The chief executive of Thorntons stepped down yesterday after the chocolate retailer issued its second profit warning in as many months, as like-for-like sales continued to fall and its wholesale business missed expectations.

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