Paul Leyland from Investec is quoted in the Independent today as saying, “it will be difficult to make money in a taxed UK environment”.
In a single sentence, he has written off 10 years of history in which Betfair has been profitable every year, paid out a couple of hundred in dividends and built up £150m on the balance sheet.
Doesn’t it wind you up?
0 Responses
Stay in touch with the conversation, subscribe to the RSS feed for comments on this post.
You must be logged in to post a comment.