National archives: Barclay brothers lobbied Labour to scrap inheritance tax

9 months ago 36

Reclusive billionaire twins notorious for use of tax havens met then prime minister Tony Blair in 1999

The reclusive super-rich twins Sir David and Sir Frederick Barclay, who became notorious for their use of tax havens to manage their vast business empire, lobbied the Labour government to abolish inheritance tax altogether, Cabinet Office papers reveal.

Sir David and Sir Frederick, then owners of the Telegraph and Spectator titles, as well as the latter’s son Aidan Barclay, were present at a 1999 meeting with Tony Blair, then serving his first term as prime minister, the files show.

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