Business

Why a row over jets could raise the cost of whisky

Image copyright Speyside Distillers Image caption Patricia Dillon is managing director of Speyside Distillers in Scotland Scotch whisky should, in theory, have little do with planes – except perhaps as a mid-flight tipple. Which is why independent distillery boss Patricia Dillon wants to know why the Scotch whisky industry has been “dragged into” a row

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Hong Kong protests: Rich chase golden visas as unrest simmers

Media playback is unsupported on your device Media captionHow Hong Kong got trapped in a cycle of violence Wealthy Hong Kong citizens are increasingly on the hunt for new passports as protests drag on and cast a cloud over the territory’s future. Many countries run “golden visa” schemes that offer resident or citizenship rights in

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Bennetts: Buyer found for ‘world’s oldest’ department store

Image copyright JJPR Image caption Paul Hurst said he was passionate about keeping the Bennetts name alive A shop billed as the “world’s oldest department store” is to be bought out of administration by a local businessman. Bennetts has been in Derby since 1734 but went into administration in February. Administrators said a sale had

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Norfolk and Suffolk greenhouse plan ‘will provide 10% of UK tomatoes’

Image caption The two new greenhouses will supply 10% of Britain’s tomatoes Two giant greenhouses costing £120m are to be built next to sewage works to grow millions of tomatoes and bring 360 agricultural jobs. Work on the greenhouses – the UK’s largest – has already begun at Trowse, near Norwich, and Ingham, Suffolk. Heat

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Poland mortgages: Homeowners win fight over Swiss Franc loans

Image copyright Maria Wilczek Image caption Justyna Dziubak told reporters that consumers should not be afraid to take on the banks Around half a million indebted Polish homeowners have won their fight to be freed from crippling Swiss franc mortgages. The Swiss currency has doubled in value since 2008, sending mortgage-holders’ debts soaring. Now, the

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UK economy facing ‘heightened risk of recession’

Image copyright Getty Images The UK’s economy may have tipped into recession following a downturn in the dominant service sector, according to closely-watched figures. The IHS Markit/CPS purchasing managers’ index for services fell to a six-month low of 49.5 in September. The 50 level divides growth from expansion. It suggests the economy shrank 0.1% in

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