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      Thames Water faces fresh threat to survival after pensions regulation breach

      Thames Water infrastructure with pipes and maintenance workers, highlighting water management efforts in London

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      Champions Cup rugby team hacked in ransom attack with player data at risk

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      A tribute to wine legend Matthew Jukes by his friend Libby Brodie

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Bernard Arnault

  • French bosses round on ‘deadly’ wealth tax plans

    Wealth

    Some of France’s most high-profile entrepreneurs have rounded on a wealth tax proposal being touted by a party key to the flailing government’s fortune, warning it would risk “destroying the French economy” and sparking an exodus of the country’s wealthiest residents. Bernard Arnault, the billionaire chief executive of luxury behemoth LVMH and France’s richest man, [...]

    LVMH's billionaire boss Bernard Arnault said the wealth tax would "destroy the french economy"
  • Who watches the Watches?

    Opinion

    As a newly minted Picture Editor and thus part of the management team of a then-popular left-wing national newspaper, I sat in on a discussion about why the poor ate so badly. Having only recently landed the job and as keen as mustard – and oh so naive – my feet were still planted firmly [...]

    Gen Z are turning to analogue timepieces
  • LVMH-backed L Catterton, the new owner of Bicester Village is one of the world’s biggest retail investors

    retail

    Silver Bidco, a newly-formed Jersey-based vehicle of L Catterton, has bought Hammerson's stake in Value Retail, the owner of Bicester Village.

    Luxury firms like LVMH have been hit by a slowdown in the last few months after poor growth in key market China and the cost-of-living crisis in Western countries

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  • As it happened: Stocks rise despite new tensions in Strait of Hormuz; Oil price climbs

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