Most people in their 60s would be thinking of slowing down, particularly if they had millions in the bank plus a brush with cancer.

But having made a fortune over two decades with one firm, Melrose, Simon Peckham wants to do it all over again.

His new business has a remarkably similar modus operandi to the old one. Even its name, Rosebank, has echoes of its predecessor. Can’t he think of anything better to do?

‘No,’ he laughs, ‘I am sufficiently unimaginative and I like doing this too much.’

By ‘this’, he means scouting out troubled businesses, improving them, then selling at a profit and making shedloads of money for his investors, himself and his colleagues.