Thursday, March 18, 2010

Duncan Bannatyne Attacks 'Non-Dom' Rival James Caan

“They are the best of friends; they holiday together; they invest together; and they even both write for The Daily Telegraph. But now Dragons' Den stars Duncan Bannatyne and James Caan have fallen out over Mr Caan's tax status. Mr Bannatyne has accused the Pakistan-born millionaire of having an ‘unfair’ advantage in business because he is a non-domiciled resident. Mr Caan, worth £65m, has launched a health club chain called 'nuyuu' in competition to Mr Bannatyne's eponymous chain and the move has riled the Scottish entrepreneur. Writing in his Daily Telegraph column, Mr Bannatyne, 60, said:...

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