Bond Street: status of UK’s most exclusive shopping street under threat

Soaring rents and rates are pushing retailers including Dolce & Gabbana, Hugo Boss and DKNY to think about moving out

George Clooney sells his tequila company for up to $1bn

Casamigos, which star founded with Rande Gerber and Mike Meldman, bought by Smirnoff and Johnnie Walker owner Diageo

Jaguar Land Rover to recruit 5,000 staff after record year of sales

British carmaker, bolstered by demand in China and North America, is working with Gorillaz to recruit engineers via the virtual band’s app

Duke of Westminster’s property group to build 1,500 rental homes in London

Grosvenor Group plans to build 11 blocks on 12-acre site of former biscuit factory in Bermondsey, south-east London, aimed at lower and middle income workers

Mulberry says terrorism and election uncertainty may have hit UK sales

Fashion brand hails second year of growth but chief says general election and attacks may have led to lower footfall at UK stores

Burberry’s Bailey to get £10.5m in shares when he checks out as CEO

Designer, who has faced protests over his pay, is due to hand over day-to-day running of the luxury goods retailer next month