Riverford founder: ‘I really hope they tax people like me more’
Guy Singh-Watson, who made millions from his organic vegetable delivery business, says children who inherit large sums of money are invariably miserable
Guy Singh-Watson, who made millions from his organic vegetable delivery business, says children who inherit large sums of money are invariably miserable

From this week, many businesses can no longer be passed to the next generation free of tax

Economists and tax collectors might be underestimating its impact

Many of the brightest workers steer clear of such businesses because promotions are scarcer and rewards lower

Investors’ first duty is to their stakeholders, not to politicians trying to fund spending and infrastructure

It is becoming harder to keep wealthy nomads and ordinary voters happy

But it relies on a host of rosy assumptions going in investors’ favour