Former Marks and Spencer chief executive Sir Stuart Rose and The Apprentice board member Karen Brady are expected to be made Tory peers, Sky News has reported. The experienced business people will be handed peerages by David Cameron and Nick Clegg as the arrivals increase membership of the Lords to over 850.
Sir Terry Leahy has partnered with fashion retailer SuperGroup to invest in a technology start-up which hopes to help retailers to generate better stock levels, says the Daily Telegraph. The data analysis technology was started by former Supergroup e-commerce director Chris Griffin.
The Co-operative group has been rate as the most ethical company over the last 25 years, according to readers of Ethical Consumer magazine, despite a disastrous year for the firm, The Guardian reported. Its chairman Paul Flowers pleaded guilty to cocaine possession in May and a month later it posted a £2.5bn loss