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Crossrail 2: Support by government 'outrageous' after northern snub

ByNathan BissittJuly 25, 2017

Government support for a new London rail line after scrapping projects in Wales and the north of England has been described as “frankly outrageous”. Greater Manchester mayor Andy Burnham said there would be “widespread anger” at the decision to

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Michael Kors buys Jimmy Choo in £896m deal

ByNathan BissittJuly 25, 2017

One of America’s best-known fashion retailers has agreed to take over luxury shoe brand Jimmy Choo in an £896m deal. Michael Kors, the New York-listed chain, said on Tuesday it was “the ideal partner” for Jimmy Choo, famous for its stiletto shoes and

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Jimmy Choo bought by Michael Kors in £896m deal

ByNathan BissittJuly 25, 2017

Luxury shoemaker Jimmy Choo has been bought by Michael Kors Holdings in a deal which values the firm at about £896m.The British firm, which was put up for sale in April, had attracted attention from a number of suitors.As well as shoes, Jimmy Choo produces a range of

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Google parent Alphabet's profit hit by EU fine

ByNathan BissittJuly 25, 2017

Profits at Google’s parent company Alphabet have taken a hit by the record fine imposed by the European Commission on the search giant last month for breaching competition rules. Alphabet, which also owns YouTube, said it made $3.5bn (£2.7bn) in net income on

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EasyJet announces 1,200 cabin crew jobs

ByNathan BissittJuly 25, 2017

EasyJet has announced the largest cabin crew intake in its 21-year history. More than 1,200 applicants will be given permanent and fixed-term positions at the budget airline, bringing its total number of cabin crew to 8,100. Earlier this year, the Luton-based carrier

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Rise in personal loans dangerous, Bank of England official says

ByNathan BissittJuly 25, 2017

A sharp rise in personal loans could pose a danger to the UK economy, a Bank of England official has warned. Outstanding car loans, credit card balance transfers and personal loans have increased by 10% over the past year, the Bank’s financial stability director

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Trade deals 'may lower animal welfare standards'

ByNathan BissittJuly 24, 2017

The row over chlorinated chicken is set to intensify with a warning that cheap imported food could threaten farm animal welfare standards after Brexit. The claim, from a powerful House of Lords committee, follows criticism of Liam Fox’s controversial plans to

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Intimidation and threats

ByNathan BissittJuly 24, 2017

From the terrace of his winery near the baroque town of Caltagirone in south-eastern Sicily, Cesare Nicodemo surveys his fields of ripening vines – a glass of his finest spumante in hand.It’s a warm July evening and the surrounding hills glow golden in the

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Bitcoin goes arty

ByNathan BissittJuly 24, 2017

Media playback is unsupported on your device Why is the art world getting excited about digital currency Bitcoin and its underlying technology blockchain?Eleesa Dadiani owns and runs an art gallery in London’s famous Cork Street. She was born in Georgia in the

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Paying with Bitcoin? That'll do nicely

ByNathan BissittJuly 24, 2017

Eleesa Dadiani is the owner and founder of Dadiani Fine Art, an art gallery on London’s upmarket Cork Street. She thinks accepting cryptocurrencies like Bitcoin as payment will be an investment in the future of her business.Video journalist Greg Brosnan.