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The latest business news headlines

Homebase to shut quarter of stores

Homebase to shut quarter of stores

DIY chain Homebase is to close a quarter of its stores and has ditched its boss after a review by parent company Home Retail Group found failings in its sales performance.

Bank forecasts growth slowdown

Bank forecasts growth slowdown

The Bank of England has marked down its growth expectations for the economy, saying there is little scope to raise interest rates as eurozone woes weigh on the UK's prospects.

'Jail for bankers' stance softened

'Jail for bankers' stance softened

The Bank of England's deputy governor has apparently softened its stance on plans to jail reckless senior bankers after a City backlash.

Banks warned over loan bundling

Banks warned over loan bundling

Two major banks have been criticised for telling small business customers they must open an account with them in order to obtain a business loan.

Ex-Co-op boss takes Superdry role

Ex-Co-op boss takes Superdry role

The Co-op boss who quit the mutual because it was ''ungovernable'' has taken on a new role running the Superdry fashion brand.
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Bid target Spirit in profits surge

Bid target Spirit in profits surge

A surge in profits kept Chef & Brewer owner Spirit in the takeover spotlight today as it prepares to back a £725 million bid by rival Greene King.
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Record August for Eurotunnel

Record August for Eurotunnel

A record-breaking August for shuttle traffic helped Channel Tunnel company Eurotunnel to increased revenues over the summer.
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Key programmes at risk - MPs

Key programmes at risk - MPs

Key programmes are being put at risk because of "confusion" at the heart of David Cameron's Government, an influential group of MPs has warned.
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Concerns over loan shark customers

Concerns over loan shark customers

One in three people whose payday loan application has been rejected since the sector was forced to adopt stricter lending rules has considered using an illegal loan shark instead, research suggests.
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Shoppers 'buying little and often'

Shoppers 'buying little and often'

Britons are grocery shopping at least twice as often as they were five years ago, according to a report by Waitrose.
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