Laura Ashley boss and wife told to declare truce in bitter divorce

A Laura Ashley boss and a former beauty queen who have been fighting over money for more than two years following the breakdown of their 43-year marriage should declare an "armistice", a High Court judge has said.

Khoo Kay Peng, 77, non-executive chairman of Laura Ashley Holdings and 69-year-old Pauline Chai - who was Miss Malaysia 1969 - had run up lawyers' bills of more than £6m, Mr Justice Mostyn heard.