A rare Mercedes-Benz racing car known as the Mona Lisa of cars has been sold by the company for a record £115 million. The 1955 Mercedes-Benz 300 SLR Uhlenhaut Coupé, one of only two of its kind, is a sister car to racing legend Sir Stirling Moss’s record-breaking open cockpit 300 SLR, which covered 992 […]
New research has revealed that only one in four civil servants believe their department is following the Government’s National Data Strategy, with skills and technology infrastructure likely to be significant barriers to the strategy’s effectiveness. Eighty-six civil servants from major Government departments including HMRC and the Home Office were surveyed as part of research by […]
As Sunday Times Rich List shows record number of UK billionaires, their gains should be taxed the same as income from work Huge increases in wealth at top during pandemic shows how ‘wealth often begets more wealth’, think tank says Calls for redistribution through higher taxes on income from wealth, and scrapping council tax for […]
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 government’s three-month consultation on changes to business taxes closes, the finance director of Sainsbury’s […]
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 50% pay rise for its chief executive, Adam Matthews, the Church’s chief responsible […]
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 claimed a link between the two businesses was “likely to be inferred”. The pub […]
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 is also adamant that those who predicted the “death of the office” have been […]