Sainsbury (J) (SBRY) chief Mike Coupe to step down. Retail and operations head Simon Roberts will take the top job in June
Lombard – Sainsbury (J) (SBRY) shareholders count the cost as Coupe cuts free. Outgoing chief’s cost-cutting strategy looks likely to remain after Asda bid blocked
Lex – Berkeley Group Holdings (The) (BKG): bricking it. Returning cash to shareholders by definition hints at caution
Ted Baker (TED) says inventory overstated by £58m. Struggling fashion chain reveals accounting blunder is double previous estimates
Berkeley Group Holdings (The) (BKG) to double shareholder payout to £1bn. UK housebuilder hints that increased political certainty a factor in £455m increase
