Business and Finance

One of Britain's oldest department store chains is poised to fall into administration early this week amid ongoing efforts to find a buyer.

The ICAP billionaire Michael Spencer is to be handed a peerage by Boris Johnson, paving the way for one of the City's most prominent figures to finally join the House of Lords.

Adam Crozier, the former boss of ITV, is in talks to become the chairman of one of Britain's biggest market research groups in the wake of its $4bn takeover.

Britain's two biggest telecoms companies are preparing to lobby Boris Johnson in support of Huawei's involvement in the UK's 5G communications network.

A chilled food distributor which counts J Sainsbury, the supermarket giant, as its biggest retail customer is racing to find new owners after recording multi-million pound losses.

Sainsbury's has been crowned the cheapest supermarket of 2019 after a study by the Which? consumer group.

Retail sales fell for a record fifth month in a row in December, as shoppers continued to be cautious in the run-up to Christmas.

Struggling airline Flybe has attempted to explain the help it is getting from the taxman - as the government comes under more pressure over the deal it struck to keep the company going.

Travelex, the foreign exchange operator held hostage by cyber attackers since New Year's Eve, has said a phased restoration of its global systems is finally underway.

Britain's data watchdog has been criticised for failing to punish companies involved in what has been described as the UK's largest recorded data breach.