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Domino's Pizza delivers upbeat trading update
The pizza delivery franchise defied the gloom on much of Britain's high streets and by delivering a rise in like-for-like sales and promising to beat current profit expectations for this year

M&S unveils cost cuts as sales fall
The UK's biggest clothing retailer, averted a profit warning but responded to weak Christmas sales – UK like-for-like sales fell 7.1% in the 13 weeks to December 27 – with a massive cost-cutting plan

Cattles to slash jobs and cut lending
The specialist lender will slash 1,000 jobs and radically curtail new lending as it seeks to adapt to the 'continuing uncertain funding environment' affecting its core business

M&S to cut back food-only chain
Underperforming Simply Food stores face axe as retailer tries to trim cost base

Strong getting stronger as weak go to the wall
The dramatic December markdowns on offer across the high street, coupled with a succession of retail failures before and since Christmas, led many in the City to fear that this year's trading updates would be the worst for decades

Irish minister offers help for WW workers
The Irish government has indicated that it may be ready to help current and former Ireland-based employees of Waterford Wedgwood to secure their pensions, after the luxury tableware company was put into receivership this week

UK pension funds gain from drop in sterling
The UK currency's steep slide in 2008 has been a boon to retirement benefits, cushioning the blow from heavy losses in equity markets, preliminary figures from State Street show

London Capital thrives on volatility
Shares rose 11.2 per cent after the spread betting and derivatives company said it would propose raising the dividend and predicted full-year results would be 'ahead of management expectations'

Admiral plans to ring-fence pubs
Admiral Taverns became the latest pub operator to highlight the tough trading conditions in its sector, after it announced plans to ring-fence 400 of its most troubled pubs into a new operation in a bid to improve trading

Investors cheer as retailers reassure
Investors were offered some cheer that Christmas might not have been a total wash-out for the high street, as the retail reporting season kicked off with slightly better than expected performances from two of Britain's biggest clothing chains

IG bucks downward trend with global expansion
The UK's largest spread better and a world leader in selling contracts for difference and other financial derivatives, is still pulling in new clients and expanding globally at a rapid rate

InBev to close historic Mortlake brewery
The world's largest brewery, has decided to close the historic Mortlake site where Budweiser is made, as part of an efficiency drive following the $52bn acquisition of Anheuser Busch

Hedge fund cuts fees for early exits
Sushil Wadhwani reduces withdrawal fees as part of plans to raise new assets following a year of strong returns, even as rivals are stopping investors getting their money back

O'Reilly faces up to increased loss
The Irish businessman's losses on Waterford Wedgwood could rise if receivers appointed to the collapsed tableware company are unable to repay the bank debts in full

Christmas cheer for Co-op
Sales in the UK food retailer's shops were 6% higher in the three weeks to January 3 than last year, after stripping out fuel and the effect of new store openings

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