Economy

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A battle is shaping up between major retailers over whether the UK should introduce an online sales tax, with Sainsbury’s demanding it to help revive struggling high streets while M&S argues it would have the opposite effect. A day before the

The system of executive pay is “broken”, the Church of England’s pension board has said, as it challenged more companies to ease the pain of soaring inflation by committing to paying workers the living wage. On the day retailer Next approved

A country pub has received a framed apology from a fashion publishing giant after being threatened with legal action unless the landlords changed its name. The Star Inn at Vogue was sent a cease-and-desist letter by Vogue’s publisher, Condé Nast, which

The boss of one of London’s biggest landlords has conceded that offices will probably never again be as busy as they were before the pandemic. Businesses have changed the way they operate, Toby Courtauld, chief executive of GPE, acknowledged, although he

UK manufacturers have reported the joint-strongest growth in orders since records began and the fastest increase in output since July, according to the latest CBI’s industrial trends survey. The order book index, which measures how much orders are above or below

Consumer confidence has fallen to a record low as concern grows about whether households will be able to afford rising utility, food and fuel bills. Confidence, as measured on the monthly barometer by GfK, fell two points to minus 40, the

With a £2.06 billion fortune, Johnny Boufarhat is the wealthiest person in the Young Rich List, of people in the UK aged 30 and under. That is according to the new edition of The Sunday Times Rich List, published today online