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Jimmy Choo steps up for £1bn float

A British armored vehicle patrols on the periphery of the camp Bastion in southern Afghanistan in 2007

MoD report suggests that Camp Bastion base in Afghanistan wasn’t always sufficiently funded to ensure its defence

A secret Ministry of Defence (MoD) report on a Taliban attack at Camp Bastion in Afghanistan in which 18 soldiers were killed or wounded admits that funding to protect the base was “not always forthcoming despite warnings”. The revelation is in stark contrast to denials by defence officials that security recommendations were rejected on cost grounds.

Alternative assets industry hits £6 trillion mark

The value of assets held by hedge fund, private equity and real estate fund managers reached $6 trillion (£3.6 trillion) last year as investors regained their appetite for risk.

Guardian raises £600m from Auto Trader sale

The owner of The Guardian has collected a £600 million-plus windfall from selling its 50.1 per cent stake in car classifieds brand Auto Trader to private equity firm Apax Partners.

Daily Telegraph editor Tony Gallagher steps down in shock departure

Daily Telegraph editor Tony Gallagher has left his job in a shock departure after nearly five years in the role.

Short-termism in the welfare debate is shortchanging our society

Making access to benefits tougher for young people could be counter-productive

Bill and Melinda Gates, whose charitable foundation publishes an annual letter tackling issues surrounding world poverty

‘No poor countries by 2035’: Bill Gates annual letter says extreme poverty and child mortality could be virtually wiped out in next two decades

Bill and Melinda Gates use letter to quash ‘three myths’ about world poverty

Financial services see compensation bill rocket again

Financial services firms will have to stump up an extra £28 million next year to cover the cost of compensating customers of companies that go bust.

Unilever beats forecasts on emerging markets rebound

After battering global shares in consumer goods giants with a profit warning in October, Unilever, the company behind Dove soaps and Lipton iced teas, said there had been a considerable pick-up in countries like India and China.

Arrested Morrisons executive Paul Coyle held roles ‘key to Ocado deal’

Paul Coyle arrested on suspicion of buying Ocado shares before deal made public

If 2013 was the year of the brow, then 2014 is set to be about hot lips

Style File: A moment on the lips

Eye-catching brows are old news. Instead give your beauty look an instant update with a vibrant lip colour, says Naomi Attwood

The Business Matrix: Tuesday 21 January 2014

Saxo moves into F1 sponsorship

The Great Interior Design Challenge, TV review

You may also worry you're not conversant enough in current design lingo to get much out of new BBC2 series The Great Interior Design Challenge. Fear not. The only vocab you needed to enjoy last night's episode was "upcycle". It's a verb meaning "to take a perfectly decent piece of furniture and ruin it by the addition of some old tat you bought at a car boot sale".

EU Trade Commis-sioner Karel De Gucht has launched a major public consultation

Sovereignty fears lead to EU-US trade rethink

The European Commission is to rethink its approach to a controversial US trade deal which campaign groups have warned would fundamentally erode Britain’s sovereignty. 

Kanye West's Yeezus does more than previous records to deconstruct his status as a hip-hop superstar

Kanye West got over his Taylor Swift stage invasion with ‘God, sex and alcohol’

The rapper made the comments in conversation with 12 Years A Slave director Steve McQueen for Interview magazine

The Wolf of Wall Street doesn't do much for the image of bankers. But there's one film that does

How do we get back to the ideal of George Bailey in 'It's A Wonderful Life'?

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Day In a Page

Burgundy, the River Rhone & Provence – MS Swiss Corona - seven nights from £999pp
Lake Maggiore, Orta and the Matterhorn – seven nights from £899pp
Sicily – seven nights from £939pp
Pompeii, Capri and the Bay of Naples - seven nights from £799pp
Istanbul Ephesus & Troy – six nights from £859pp
Mary Rose – two nights from £319pp
Ferguson: In the heartlands of America, a descent into madness

A descent into madness in America's heartlands

David Usborne arrived in Ferguson, Missouri to be greeted by a scene more redolent of Gaza and Afghanistan
BBC’s filming of raid at Sir Cliff’s home ‘may be result of corruption’

BBC faces corruption allegation over its Sir Cliff police raid coverage

Reporter’s relationship with police under scrutiny as DG is summoned by MPs to explain extensive live broadcast of swoop on singer’s home
Lauded therapist Harley Mille still in limbo as battle to stay in Britain drags on

Lauded therapist still in limbo as battle to stay in Britain drags on

Australian Harley Miller is as frustrated by court delays as she is with the idiosyncrasies of immigration law
Lewis Fry Richardson's weather forecasts changed the world. But could his predictions of war do the same?

Lewis Fry Richardson's weather forecasts changed the world...

But could his predictions of war do the same?
Kate Bush asks fans not to take photos at her London gigs: 'I want to have contact with the audience, not iPhones'

'I want to have contact with the audience, not iPhones'

Kate Bush asks fans not to take photos at her London gigs
Under-35s have rated gardening in their top five favourite leisure activities, but why?

Young at hort

Under-35s have rated gardening in their top five favourite leisure activities. But why are so many people are swapping sweaty clubs for leafy shrubs?
Tim Vine, winner of the Funniest Joke of the Fringe award: 'making a quip as funny as possible is an art'

Beyond a joke

Tim Vine, winner of the Funniest Joke of the Fringe award, has nigh-on 200 in his act. So how are they conceived?
The late Peter O'Toole shines in 'Katherine of Alexandria' despite illness

The late Peter O'Toole shines in 'Katherine of Alexandria' despite illness

Sadly though, the Lawrence of Arabia star is not around to lend his own critique
Wicken Fen in Cambridgeshire: The joy of camping in a wetland nature reserve and sleeping under the stars

A wild night out

Wicken Fen in Cambridgeshire offers a rare chance to camp in a wetland nature reserve
Comic Sans for Cancer exhibition: It’s the font that’s openly ridiculed for its jaunty style, but figures of fun have their fans

Comic Sans for Cancer exhibition

It’s the font that’s openly ridiculed for its jaunty style, but figures of fun have their fans
Besiktas vs Arsenal: Five things we learnt from the Champions League first-leg tie

Besiktas vs Arsenal

Five things we learnt from the Champions League first-leg tie
Rory McIlroy a smash hit on the US talk show circuit

Rory McIlroy a smash hit on the US talk show circuit

As the Northern Irishman prepares for the Barclays, he finds time to appear on TV in the States, where he’s now such a global superstar that he needs no introduction
Boy racer Max Verstappen stays relaxed over step up to Formula One

Boy racer Max Verstappen stays relaxed over step up to F1

The 16-year-old will become the sport’s youngest-ever driver when he makes his debut for Toro Rosso next season
Fear brings the enemies of Isis together at last

Fear brings the enemies of Isis together at last

But belated attempts to unite will be to no avail if the Sunni caliphate remains strong in Syria, says Patrick Cockburn
Charlie Gilmour: 'I wondered if I would end up killing myself in jail'

Charlie Gilmour: 'I wondered if I'd end up killing myself in jail'

Following last week's report on prison suicides, the former inmate asks how much progress we have made in the 50 years since the abolition of capital punishment