Mike Ashley spent millions on private flights as profits fell 80%

Cost of billionaire’s love of commuting by helicopter or jet revealed in annual accounts Mike Ashley spent millions of pounds on flights by helicopter and private jet as his company’s annual profit fell 80%, the latest accounts show.The Sports Direct o…

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Mike Ashley tells MPs to investigate collapse of Debenhams

Sports Direct chief claims MPs care more about their own PR than corporate wrongdoingMike Ashley has stepped up his campaign for an investigation into the collapse of Debenhams, claiming MPs are more interested in their own PR than rooting out corporat…

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A watershed moment for women as Alison Rose takes charge at RBS

Appointment as CEO gives Britain a chance to take a great leap forward for women at senior levelsAlison Rose’s elevation to the top job at RBS, where she will succeed Ross McEwan as chief executive, is cause for celebration.Never before has the UK had …

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Student halls and food malls: House of Frasers turn over a new lease

As old leases expire, landlords look at innovative options to reuse department store sitesHouse of Fraser in Wolverhampton is set to be closed down and redeveloped as student housing or lecture halls, as a £3m sale of the property is expected to be fin…

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John Lewis should copy JD Sports and hit its landlords hard | Nils Pratley

Urgent action, such as renegotiating rents, is needed at the department store chain to reverse a first-half lossThe definition of a true crisis at John Lewis, one should remember, is a threat to the model of employee ownership. That happened in the lat…

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Retailers call for action as high street store closures soar

Government urged to step in over crisis that has cost tens of thousands of jobsRetailers and unions are calling for urgent government action to help struggling high streets as new data shows the number of shops, pubs and restaurants lying empty is risi…

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The Guardian view on the decline of Marks & Spencer: trouble at tills | Editorial

Public feeling towards M&S is stronger than for other retailers, but its current plight proves that it cannot trade on goodwill for everShops need shoppers, and if people want them to survive as bricks-and-mortar entities in the face of ferocious o…

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