News

Billionaire businessman Mike Ashley left the City baffled last night about a highly complex derivatives deal that was revealed on one of the busiest days in the retail calendar.

Ultimo gets extra lift from its sponsors

When Britain's women unwrap their Christmas presents on Sunday, there's a good chance they'll find some lingerie, judging by the latest sales from Ultimo.

Irisa axes 100 jobs and closes high street shops

More than 100 jobs have been axed at the fashion group Irisa after its new private equity owners revealed plans to close nearly a third of its High Street shops.

Christmas gift guide: Guaranteed to make her smile

Whether you want to blow the budget or mind the pennies, there's a stylish, sophisticated gift for the lady in your life

1. Tiffany floor lamp: Villaverde, £2,495. This beautifully refined floor lamp is made with Murano glass. 020 7610 9797, villaverdeltd.com

New Newbury scheme 'last before 2013'

The last new shopping scheme to open before 2013 begins trading this week in Newbury, west Berkshire.

The UK high street is 'alive and well', Debenhams says

Retailer has stores in 25 countries. It plans to double its franchise shops abroad over five years

Debenhams plans stores expansion

The new boss of department store chain Debenhams insisted the UK high street was "alive and well" today as he announced plans to modernise a further 25 stores and open nine new outlets over the next four years.

Colour clash your home

Designer Laura Olivia on her riotous hues

Susie Rushton: Holiday reading is hard work

My best holiday memories aren't of sunsets or dolphin sightings but of wallowing in the shallow end of a swimming pool, giant inflatable ring wrapped around my middle, my face shaded by a fat paperback. I can't brag about the quantity of my beach reading like some: I'm slow, easily distracted, and usually only notch up two novels over a fortnight's break even while my hungrier holiday companions tear through one Penguin Classic after another.

Boy, 11, youngest at riot court

An 11-year-old boy was among scores of rioters and looters to appear before magistrates today.

500 Jane Norman jobs at risk of axe

Nearly 500 jobs are hanging by a thread after the department store Debenhams terminated its concession agreement with the fashion retailer Jane Norman.

At home with Betty Jackson

The iconic fashion designer shares interior tips, colour advice and a few home truths with Annie Deakin.
Arts and Entertainment
Lou Reed distorted the truth about his upbringing, and since his death in 2013, biographers and memoirists have added to the myths
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Ed Miliband received a warm welcome in Chester
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Astronauts could be kept asleep for days or even weeks
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Fabian Delph celebrates his goal
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Model wears: top £29.50, leggings £25, jacket £29.50, bag £25, all marksandspencer.com
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Pompeii, Capri & the Bay of Naples
Seven Cities of Italy
Burgundy, the River Rhone & Provence
Prague, Budapest and Vienna
Lake Garda
Minoan Crete and Santorini
Prices correct as of 17 April 2015
Armenian genocide: To continue to deny the truth of this mass human cruelty is close to a criminal lie

Armenian genocide and the 'good Turks'

To continue to deny the truth of this mass human cruelty is close to a criminal lie
Lou Reed: The truth about the singer's upbringing beyond the biographers' and memoirists' myths

'Lou needed care, but what he got was ECT'

The truth about the singer's upbringing beyond
Migrant boat disaster: This human tragedy has been brewing for four years and EU states can't say they were not warned

This human tragedy has been brewing for years

EU states can't say they were not warned
Women's sportswear: From tackling a marathon to a jog in the park, the right kit can help

Women's sportswear

From tackling a marathon to a jog in the park, the right kit can help
Hillary Clinton's outfits will be as important as her policies in her presidential bid

Clinton's clothes

Like it or not, her outfits will be as important as her policies
NHS struggling to monitor the safety and efficacy of its services outsourced to private providers

Who's monitoring the outsourced NHS services?

A report finds that private firms are not being properly assessed for their quality of care
Zac Goldsmith: 'I'll trigger a by-election over Heathrow'

Zac Goldsmith: 'I'll trigger a by-election over Heathrow'

The Tory MP said he did not want to stand again unless his party's manifesto ruled out a third runway. But he's doing so. Watch this space
How do Greek voters feel about Syriza's backtracking on its anti-austerity pledge?

How do Greeks feel about Syriza?

Five voters from different backgrounds tell us what they expect from Syriza's charismatic leader Alexis Tsipras
From Iraq to Libya and Syria: The wars that come back to haunt us

The wars that come back to haunt us

David Cameron should not escape blame for his role in conflicts that are still raging, argues Patrick Cockburn
Sam Baker and Lauren Laverne: Too busy to surf? Head to The Pool

Too busy to surf? Head to The Pool

A new website is trying to declutter the internet to help busy women. Holly Williams meets the founders
Heston Blumenthal to cook up a spice odyssey for British astronaut manning the International Space Station

UK's Major Tum to blast off on a spice odyssey

Nothing but the best for British astronaut as chef Heston Blumenthal cooks up his rations
John Harrison's 'longitude' clock sets new record - 300 years on

‘Longitude’ clock sets new record - 300 years on

Greenwich horologists celebrate as it keeps to within a second of real time over a 100-day test
Fears in the US of being outgunned in the vital propaganda wars by Russia, China - and even Isis - have prompted a rethink on overseas broadcasters

Let the propaganda wars begin - again

'Accurate, objective, comprehensive': that was Voice of America's creed, but now its masters want it to promote US policy, reports Rupert Cornwell
Why Japan's incredible long-distance runners will never win the London Marathon

Japan's incredible long-distance runners

Every year, Japanese long-distance runners post some of the world's fastest times – yet, come next weekend, not a single elite competitor from the country will be at the London Marathon
Why does Tom Drury remain the greatest writer you've never heard of?

Tom Drury: The quiet American

His debut was considered one of the finest novels of the past 50 years, and he is every bit the equal of his contemporaries, Jonathan Franzen, Dave Eggers and David Foster Wallace