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George Osborne

April 19, 2022

In this week’s FB Roundup, Brewing heir Santo Domingo joins a Chelsea FC consortium; Twitter’s board of directors approves a ‘Poison pill’ strategy against Elon Musk’s takeover bid; and Sir Terence Conran’s former restaurant empire is up for auction.

Brewing heir Santo Domingo backs Chelsea FC takeover bid
Colombian-born billionaire brewing heir Alejandro Santo Domingo [picured left] has announced his backing for the bid to buy Chelsea Football Club.

Santo Domingo, who sits on the board of the world’s largest brewer ABInBev, has joined part of the investor group spearheaded by former Liverpool FC and British Airways chairman Sir Martin Broughton.

March 21, 2012

British residential property worth more than £2 million (€2.4 million) will be subject to a new 7% stamp duty charge, while a 15% levy will apply to such properties brought via a company.

British residential property worth more than £2 million (€2.4 million) will be subject to a new 7% stamp duty charge, while a 15% levy will apply to such properties brought via a company.

These were among the measures most likely to affect the very wealthy in the UK that were announced as part of Budget 2012.

Described as “a real sting in the tail” by Sophie Dworetzsky, partner in the wealth planning team at international law firm Withers, the 15% stamp duty charge is widely seen as an attempt to crack down on tax duty avoidance.

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