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Outlook WH Smith's Stephen Clarke, like Kate Swann before him, is to be commended. For if ever there was a high street chain that should exist no more, it was this.

Tait lacks Smith's conviction

Leicester 83 Newcastle 10

Retail's ugly ducklings deliver some festive cheer

WH Smith and Boots, two of the retailers hardest hit by the supermarkets, had a late Christmas present for investors yesterday when they unveiled robust festive trading.

London Pride helps cheer sales at Fuller pubs group

Fuller, Smith & Turner, the pubs group with a major presence in the City, has heralded an upsurge in drinking activity in London's financial district.

WH Smith slashes dividend after posting £135m loss

WH Smith yesterday predicted it was in for a tough Christmas as it sank to a £135m annual loss and slashed its dividend.

'Poor year' leaves WH Smith £135m in red

The ailing retailer WH Smith today unveiled annual losses of £135 million following an "unacceptable performance" by its high street business.

WH Smith share scheme could net Swann £4m

WH Smith, the struggling retailer, unveiled an incentive scheme for its top managers last night that could hand Kate Swann, its chief executive, a £4m windfall.

Business analysis: Can in-store coffee bars bring back the glory days of WH Smith?

New CEO aims to make struggling retailer 'most popular stationer, bookseller and newsagent'

Permira drops £940m offer for WH Smith

Permira Walked away from a £940m takeover of WH Smith yesterday after failing to find a way to plug the retailer's pension fund shortfall.

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Timeless drama of Championship race in league of its own - Michael Calvin

Michael Calvin's Last Word

Timeless drama of Championship race in league of its own
Where the spooks get their coffee fix: The busiest Starbucks in the US is also the most secretive

The secret CIA Starbucks

The coffee shop is deep inside the agency's forested Virginia compound
Revealed: How the Establishment closed ranks over fallout from Loch Ness Monster 'sighting'

How the Establishment closed ranks over fallout from Nessie 'sighting'

The Natural History Museum's chief scientist was dismissed for declaring he had found the monster
One million Britons using food banks, according to Trussell Trust

One million Britons using food banks

Huge surge in number of families dependent on emergency food aid
Excavation at Italian cafe to fix rising damp unearths 2,500 years of history in 3,000 amazing objects

2,500 years of history in 3,000 amazing objects

Excavation at Italian cafe to fix rising damp unearths trove
The Hubble Space Telescope's amazing journey, 25 years on

The Hubble Space Telescope's amazing journey 25 years on

The space telescope was seen as a costly flop on its first release
Did Conservative peer Lord Ashcroft quit the House of Lords to become a non-dom?

Did Lord Ashcroft quit the House of Lords to become a non-dom?

A document seen by The Independent shows that a week after he resigned from the Lords he sold 350,000 shares in an American company - netting him $11.2m
Apple's ethnic emojis are being used to make racist comments on social media

Ethnic emojis used in racist comments

They were intended to promote harmony, but have achieved the opposite
Sir Kenneth Branagh interview: 'My bones are in the theatre'

Sir Kenneth Branagh: 'My bones are in the theatre'

The actor-turned-director’s new company will stage five plays from October – including works by Shakespeare and John Osborne
The sloth is now the face (and furry body) of three big advertising campaigns

The sloth is the face of three ad campaigns

Priya Elan discovers why slow and sleepy wins the race for brands in need of a new image
How to run a restaurant: As two newbies discovered, there's more to it than good food

How to run a restaurant

As two newbies discovered, there's more to it than good food
Record Store Day: Remembering an era when buying and selling discs were labours of love

Record Store Day: The vinyl countdown

For Lois Pryce, working in a record shop was a dream job - until the bean counters ruined it
Usher, Mary J Blige and Will.i.am to give free concert as part of the Global Poverty Project

Mary J Blige and Will.i.am to give free concert

The concert in Washington is part of the Global Citizen project, which aims to encourage young people to donate to charity
10 best tote bags

Accessorise with a stylish shopper this spring: 10 best tote bags

We find carriers with room for all your essentials (and a bit more)
Paul Scholes column: I hear Manchester City are closing on Pep Guardiola for next summer – but I'd also love to see Jürgen Klopp managing in England

Paul Scholes column

I hear Manchester City are closing on Pep Guardiola for next summer – but I'd also love to see Jürgen Klopp managing in England