Talk:Scott Trust Limited

Tax relief?

I work at the Guardian. The section headed 'Winding up' has an error. It says the Scott Trust was wound up so that it could qualify for SSE (substantial shareholding exemption) tax relief on the sale of part of Trader Media Group, which is incorrect.

First, the chronology is wrong: the sale of the share in TMG happened before the winding up of the Scott Trust - ie while it was still a trust.

http://www.campaignlive.co.uk/news/646056/Apax-Partners-buys-stake-Trader-Media-Group/ http://www.pressgazette.co.uk/story.asp?sectioncode=1&storycode=42189&c=1

Second, TMG was under the direct ownership of Guardian Media Group, not the Scott Trust, and was sold directly by GMG. So even if the Trust had been wound up before the TMG sale, it would have made no difference. SSE would have applied regardless. Yorkway (talk) 12:51, 24 February 2011 (UTC)

Very interesting. If it wasn't for tax relief, why was the Scott Trust wound up? cagliost (talk) 14:08, 4 March 2016 (UTC)

I've removed the Autotrader section now, as it's been over six months now, and the only on-line references I can find to that claim are rehashes of Wikipedia. It seems like there should be more to write (say, about how freely the new owners can dispose of their shares, and how the board will be appointed going forward), but I don't have that information. Aoeuidhtns (talk) 09:30, 26 August 2011 (UTC)

Is this unique?

The website referenced in the article (http://www.gmgplc.co.uk/the-scott-trust/) says this is a unique form of media ownership in the UK. Is that true across the globe as well? If not was it the first trust owned media group or did it take inspiration from elsewhere? 86.139.225.123 (talk) 01:03, 5 November 2013 (UTC)

The Trust?

Referred to throughout as "The Trust" which implies it's a neutral trust or charity, when it's evidently a publicly traded limited liability company. Surely this fails NPOV? 81.159.148.1 (talk) 09:36, 17 May 2016 (UTC)