Wealthiest households in Westminster failing to pay extra £833 in tax
Only 2% have made annual ‘community contribution’ requested by council leader
UK Business
Burberry hires former Kingfisher boss Gerry Murphy as chairman
Sir John Peace says his successor is right choice to lead luxury brand through new chapter
Princess Yachts motors to record profit amid boom in global wealth
Devon-based luxury boatmaker has growing order book after dip in pound and rise in optimism
Stella McCartney buys Kering’s 50% stake in her fashion label
Designer takes control of brand she founded 17 years ago in joint venture with luxury goods group
Make mine a magnum: the rise of supersize wine bottles in Britain
Waitrose reports sales have doubled as larger bottles move into the mainstream
Farfetch unveils tie-up with Harvey Nichols before ‘£4bn IPO’
High-end fashion website’s expected valuation nears value put on Marks & Spencer