It actually worked out rather expensive as I had to knit it double and bought 2 balls of wool which cost almost £6 each ball. That left me enough to make a double inside pocket for my mobile phone and keys and the little tags for the button fastening. So all in all an expensive bag, but at least it's unique and a one off and I do like to be different !!
The handles ( I knitted two) didn't shrink as much as I anticipated so I was left with two rather long handles that didn't look right, so I thought long and hard for a couple of days and come up with a pleasing solution. I twisted both handles together and stitched them as one handle from side to side of the bag. This made it very strong and comfortable to carry, so I am pleased with the end result. I intended to sell this one, but like it so much it is now part of my bag collection.
Here's the finished bag
Back detail of a couple of needle felted flowers worked directly onto the bag
Double inside pocket for mobile phone and keys, with button down safety so the phone doesn't slip out when the bag is set down.