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Sir Stuart Rose with Twiggy at the M& S annual meeting today. Photograph: Adrian Brooks/PA Arrogance, introspection and standing still. Yes, Sir Stuart Rose’s indictment of Marks & Spencer’s performance in the five years before his return was fair. So all hail Sir Stuart... 

Ireland’s credit downgrading was a salutary demonstration of the consequences of cutting public spending too quickly, the former chancellor Alistair Darling warned. Photograph: Suzanne Plunkett/Reuters The Treasury today shrugged off renewed fears that government austerity could derail... 

AP British scientists believe they have found the answer to an ages-old question: Which came first, the chicken or the egg? Scientists cracked the puzzle after discovering that the formation of eggs is possible only thanks to a protein found in chicken’s ovaries. That means eggs have to be formed in... 

The Iraq war inquiry, chaired by Sir John Chilcot, has been going on for a year. Photograph: Peter Macdiarmid/Getty Images Nick Clegg’s condemnation of what he sees as “the most disastrous [Labour] decision of all: the illegal invasion of Iraq”, and the coalition government’s... 

PartyGaming says the deal with Bwin will create a group worth .3bn. Photograph: Graham Turner PartyGaming and its Austrian-based rival Bwin today announced plans for a merger that they say will create the world’s biggest publicly-listed online gambling company. The enlarged group, to...