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The Guardian - UK
The Guardian - UK
Politics
Rupert Jones and agencies

For richer, for poorer: ex-banker will not have to split £80m equally with wife, court rules

Clive Standish pictured outside the court.
Clive Standish pictured outside the court. Photograph: Champion News

An ex-banker who gave his wife £78m will not have to split it equally with her after their divorce, according to a supreme court ruling that experts say sets a precedent for dividing up assets after a marriage ends.

In 2017, before their divorce, Clive Standish, 72, transferred investments worth £77.8m to his wife, Anna, as part of a tax planning scheme. These assets had originally been Clive’s non-matrimonial property, the court was told.

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