Andrew Lloyd Webber is up and Paul McCartney is down in an annual list of Britain's richest music figures, released Friday. Lloyd Webber's fortune was valued at 750 million pounds (US$1.5 billion; EUR1.1 billion) by the Sunday Times' annual Rich List, up 50 million pounds from last year.

Paul McCartney was introduced as the first artist signed to Starbucks Corp.'s new record label, lending an iconic nameplate to the coffeehouse giant's latest entertainment venture.