People in retail banks are not smart. They have a business model that’s quite difficult to not make money out of – but still they somehow manage it. Peter Hargreaves Read Quote
We need an honest politician in charge who doesn’t care whether they are re-elected and is prepared to make the unpopular decisions. Peter Hargreaves Read Quote
Other men have created FTSE 100 companies. But I believe no man has done this in his lifetime without acquisition or borrowing. My one regret is handing over the reigns. Peter Hargreaves Read Quote
Income-producing unit trusts are brilliant because if you can accept capital values will be volatile for a while, your dividend income will always be higher than what you get in the bank. Peter Hargreaves Read Quote
I have wanted to run my own business since my time at Clitheroe grammar school. I remember thinking if I could get a penny from everyone in Britain, I would earn £208,000 a year. Peter Hargreaves Read Quote
I love criticism. Equitable Life went down because management wouldn’t brook criticism, but if you are in business, you have to hear what’s going wrong. Peter Hargreaves Read Quote
My greatest pleasure is going out on a horrible, cold, wet January morning to pick the vegetables for our Sunday lunch, putting them in a muddy pile on the table, and then spending 45 minutes washing and preparing them. I like doing it because it’s so different to what I do in the week. The same holds for cleaning the car or shining my shoes. Peter Hargreaves Read Quote
I knew my successor would be better than me for the next stage of the company’s life. And it was a relief – I’d been doing it for 30 years. My only worry was what the hell I was going to do with my time. Peter Hargreaves Read Quote
We are one of only two FTSE 100 companies which do not use offshore or other tax avoidance arrangements. In fact, we are probably one of the highest taxpaying companies in the index. Peter Hargreaves Read Quote
