News headlines

• Retail sales slow in January

  The high street suffered a slump in the New Year as retail sales put in their worst performance in nearly three years, the Confederation for British Industry said today. More >

• Over half of Brits volunteer

  More than half of Britons did some form of voluntary work last year, with women and older people doing the most, according to a new report. More >

• Bidders circle Peacocks

  Peacocks' administrators have been flooded with interest for all or part of the business, sparking hope that an offer may be in the pipeline. More >

• Hornby profits dip

  Toy firm Hornby announced today that its profits suffered a dip, driven by weak demand for train sets and Scalextric racing cars over Christmas. More >

• H&M profit slides as mild winter bites

  Swedish fashion retailer H&M Group has reported a fall fourth quarter profit of over 2%, as a mild winter hit sales of coats and scarves. More >

• Subway to create 6,000 jobs in three years

  Sandwich chain Subway has announced the creation of 6,000 jobs over the next three years. More >

• Strong Christmas gives Mitchells & Butlers good start to 2012

  Pub group Mitchells & Butlershas said that milder weather over the Christmas period boosted demand in the casual dining sector, offsetting a more subdued post-New Year period. More >

• Graduate pay set to increase 4%

  Graduate pay is set to increase by 4% this year after an "unprecedented period" of stagnation, a new report has predicted. More >

• WH Smith on track to meet expectations

  WH Smith's chief executive Kate Swann has said that the chain delivered a resilient performance today, having withstood a slide in high street sales. More >

• Ultimo launches Valentine’s collection

  Michael Buble's wife, actress Luisana Lopilato has been revealed as the new figurehead for Ultimo lingerie, as the company unveils its latest collection in time for Valentine's Day. More >

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