©Charlie Bibby

In this issue

Britain’s mid-sized enterprises more than match smaller and larger rivals in terms of job creation and retention

The resilient middle becomes place to be

Britain’s mid-sized enterprises more than match smaller and larger rivals in terms of job creation and retention, writes Matthew Vincent

Prospects: Downturn survivors find reasons for optimism amid the gloom

Mark Wembridge says some fears are receding as hopes of foreign growth rise

Transport: Rail operators hold the line after franchise debacle

Failure of West Coast main line bid process still reverberates, says Rose Jacobs

Shareholder value: Big versus medium debate has legs yet

David Oakley finds both sides have arguments to deploy in a discussion that is likely to continue

Retailers: Austerity and online competition challenge stores

High street stores that have adapted to the internet age are faring best, says Andrea Felsted, but the evolution of shopping is not over yet

FTSE 250 Club: Investors increasingly eye middle ground

Businesses in the index offer profitable returns

M&A: Brokers hang on in hope of a reversal in fortunes

Vanessa Kortekaas discovers that there are hopes of a recovery but from a very low base

Profiles of 2012 PLC Awards winners

Votes from FT readers helped pick winning companies and individuals in the awards, sponsored by PwC and now in their 27th year

Ray Kelvin of Ted Baker

Well-tailored success for ‘father of Ted’

Chief executive Ray Kelvin expanded the business from shirts into men’s, women’s and children’s wear, writes Andrew Felsted