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The entrepreneurs' Rich List 2012

The Sunday Times Rich List is out. We've picked over the top 50 to find out which UK entrepreneurs are defying the recession to rise through the ranks of the fabulously wealthy.

Compass and Wolseley cash in on Yankee dollar

The US is still the sweet spot for world's biggest caterer Compass. And building business Wolseley is also stacking up profits in the territory.

Trade deal with South Korea to bring £500m into UK economy

Deputy PM Nick Clegg has signed off a Free Trade Agreement between South Korea and the EU. The deal will boost UK bilateral trade between the two countries, already worth £6.5bn.

95% mortgage scheme fails to (New)Buy much favour

A Government scheme to help first-time buyers with 95% mortgages is already mired in controversy.

Hedge funds moving out. Tech firms moving in

Adam Landau, founder of property firm Devono, reads his office space data like tea leaves to reveal the hot industries of today and the promising trends of tomorrow.

Hammerson has left the (office) building

The developer wants to sell its entire office portfolio in London, worth £548m, to concentrate on retail. But who will buy the assets?

Room with an Olympic view: £100,000 a week

Stat of the day: It doesn't actually look out over the Olympic village but this is the rental price that Sol Campbell, former Spurs and Arsenal defender, has set for his Mayfair property during the London 2012 Games.

Jamie Oliver discovers £1m jewellery stash in new restaurant

Stat of the day: While digging up the basement of his new Manchester eatery, celebrity chef Jamie Oliver unearthed a £1m treasure trove.

Quote of the day

'With the demolition of Maxwell House, Milton Keynes, its community will finally be rid of the monstrous presence and memory of Robert Maxwell.' Peter Beckwith, founder and chairman of PMB Holdings, is building a massive data centre on the deceased tycoon's eponymous site. A data centre, eh? Bet the...

Quote of the day

'It is just another 'new beginning' as the fourth developer limps off stage to boos and jeers.' So says Keith Garner of the Battersea Power Station Community Group as yet another redevelopment plan goes up in flames. Battersea Power Station is to be put back on the market after debt-laden owner Real...

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