JCB heir: Inheritance tax raid could force us out of Britain Tax The heir to the billion-pound JCB fortune has warned that the government’s inheritance tax crackdown on family firms could force his father’s sprawling business empire overseas. Jo Bamford, whose billionaire father Anthony owns the digging equipment maker, said he could be forced to move abroad in order to safeguard the number of jobs at the [...]
JCB billionaire banks record £866m pay day Business The billionaire Bamford family paid themselves £866m despite JCB’s sales and profit being slashed in 2024, it has been revealed. The Staffordshire-headquartered manufacturer issued the huge dividend which was up significantly from the £300m it paid out in 2023. The dividend total from 2023 had previously been JCB’s largest pay out in a decade until [...]
Pothole partners: JCB to be official exhibitor at Reform conference Politics JCB will be one of the ‘official exhibitors’ at this week’s Reform Party conference, where it will showcase a pothole machine in the latest sign of tightening ties between the poll-topping party and blue-chip UK firms. The yellow-liveried manufacturer, which is owned by longstanding Tory donor Lord Bamford, will be one of the most prominent [...]