Business

Labour’s nationalisation price tag would start at £196bn, CBI says

Image copyright PA Image caption Shadow chancellor John McDonnell has said Labour’s nationalisation plans would be cost-neutral Labour’s nationalisation plans would cost at least £196bn, according to the Confederation of British Industry. The employers’ group said the up-front cost of taking control of the water and energy utilities, train firms and Royal Mail was equivalent […]

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Is Victoria’s Secret finally embracing all women?

Image copyright BlueBella/Victoria’s Secret Image caption (l-r) May Simón Lifschitz, Olivia Sang, Ali Tate Cutler and Laura Rakhman-Kidd This week has been a big one for the lingerie industry. Victoria’s Secret – home of the impossibly-sculpted, minutely-clad supermodel – unveiled the first “plus-size” model to grace its stores in its 42-year history. As part of

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Payments giants abandon Facebook’s Libra cryptocurrency

Image copyright Getty Images Image caption Facebook had said it hoped to launch Libra in 2020 Mastercard, Visa, eBay and payments firm Stripe have pulled out of Facebook’s embattled cryptocurrency project, Libra. Their move, first reported in the Financial Times, follows the withdrawal of PayPal, announced last week. It represents a huge blow to the

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