Sir Stuart Rose will step down as chairman of Marks & Spencer tomorrow, bringing his six-year tenure with the high street giant to a close.

A RULING by An Bord Pleanála to uphold an objection to expand Limerick’s Crescent Shopping Centre will cost up to 400 retail jobs, it was claimed yesterday.

MARKS & SPENCER has announced plans to open a new store in the Fairgreen Shopping Centre in Mullingar, Co Westmeath.

Investors kept a watchful eye on US markets today as a major sell-off of treasury bonds added to fears of rising interest rates.

AN estimated 150 jobs could be lost at a former Roches Stores outlet in Cork following the collapse of a proposed takeover by Marks & Spencer.

The Competition Authority cleared company mergers on average within 30 days of being notified in 2005, according to a study by McCann FitzGerald.

Convenience foods group Uniq revealed a surge in pre-Christmas business today as it mirrored the revival of its biggest customer Marks & Spencer.

Mobile giant Vodafone held back progress by the FTSE 100 Index today as investors gave a lukewarm response to acquisition news.

Insurance giant Prudential sought complete control of internet bank Egg today by pledging to spend £200m (€293m) on buying out fellow shareholders.

Marks & Spencer today lost the services of one of the London market’s most respected businessman as a non-executive director.

AIB’s chief executive designate Eugene Sheehy is the man the bank appointed to sort out delinquent US subsidiary All-First after the Rusnak rogue trading fiasco cost the bank €691 million.

AIB has announced that Eugene Sheehy will be the group’s new chief executive, to succeed Michael Buckley on his retirement in April.

Marks & Spencer boss Stuart Rose today denied any wrongdoing in a share deal completed hours after a phone call with retail tycoon Philip Green.

Marks & Spencer today confirmed the departure of Luc Vandevelde after four years as chairman of the high street retailer.

City stockbrokers are set to downgrade Marks and Spencer after a leaked report suggested its problems are even more serious than first thought.