Number rises by 3,700 but many are foreign or non-doms who could leave after Brexit

The number of people in the UK earning more than £1m a year has jumped to over 18,700, with more than one in 10 of them living in Kensington and Chelsea, according to figures released by HM Revenue & Customs.

TORONTO — Five things to watch for in the Canadian business world in the coming week:

Bread and butter

Empire Company Ltd. releases first-quarter results and holds its annual meeting on Thursday. Empire CEO Michael Medline said in June that tariffs on some U.S. food products that went into effect July 1 could mean higher prices for Canadian shoppers.

Ma will be succeeded by company’s CEO Daniel Zhang

Jack Ma, who founded e-commerce giant Alibaba Group and helped launch China’s e-commerce boom, announced Monday he will step down as the company’s chair next September.

Debenhams has brought in advisers from KPMG to assess a number of options to improve the fortunes of the department store chain.

It is in the midst of a turnaround plan designed to cut costs and boost sales.

A workforce crisis in a booming U.S. economy is prompting the child care industry to use business tactics more that resemble Wall Street more than “Sesame Street.”.

Saturday, September 8, 2018, 7:26 PM – A company on the Northern Peninsula is extracting cosmetic ingredients from parts of fish that are usually thrown away.

Compensation for not-for-profit hospital executives and administrators climbed at a higher rate over a 10-year period than those for surgeons, physicians and nurses, according to a national study released in August.

One of Tucson’s pioneering optics shops is under new majority ownership with plans to revitalize the business.

A controlling interest in Breault Research Organization, started in 1979 by University of Arizona optics alumnus Bob Breault, was recently acquired by Tucson tech-business executive Matt Pobloske in a private stock deal.

With more than 25,000 stores worldwide, it may seem like Starbucks has left no country unclaimed, yet Italy is uncharted territory for the coffee giant — until now, that is.

A trio of Twin Cities fishing enthusiasts who are experienced at building companies just finalized a $1 million round of funding from local investors on a new shopping concept aimed at anglers.