Britain’s super-rich families are overhauling how they manage their fortunes, taking more cash out of their businesses and moving to protect key assets as they gird for a fresh round of tax hikes.
The billionaire Bamford family behind equipment-maker JCB restructured its shareholder group and paid out the biggest dividend in at least a decade, filings last month show. The Samworth dynasty, which owns one of the UK’s biggest food companies, almost doubled its payout last year and reinforced the trust structure overseeing its main businesses. And two of London’s most important aristocratic landowning families — the Cadogansand the Russells — ...