ANALYSIS · Governance
Governance
Governance · August 2026
The exit mechanism only one side thought to negotiate
British readers have an instinctive picture of the politically stranded shareholding, and it is the wrong one. The constraint that strands value is not the one filed at Companies House.
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Governance · June 2026
Shares left undivided, and the conflict they make permanent
A parent leaves the shares undivided so the children will not fight. It buys no peace: it freezes a war the Revenue now puts a price on.
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