Do I really want my taxes lent to upper class twit of the Year Mark Warde-Norbury and Marechale?
By Tom Winnifrith | Friday 2 December 2022
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
The bounceback loan scheme of the then chancellor Rishi Sunak was meant to help small businesses suffering a covid hit to get access to funding to see them through. As we taxpayers face the highest tax hit in 70 years let’s look at one worthy recipient, Mark Warde-Norbury, speaking to us from the stately home at Hooton Pagnell which has been in the family since 1704. Mark runs Marechale (MAC) a sub scale investment bank which snuck interims out just before lunchtime, allowing Mark time to shoot some wildlife and thrash a few peasants before he speaks to the great unwashed.
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