Anthony Macdonald

That's one of the big problems I see with this budget.

Politically extremely hard, Mark.

Everyone out there, luck or not, we're all going to die one day.

everyone's going to either leave something or not leave something to the people behind.

It would touch so many people.

Directionally and in theory, absolutely.

I mean, this is one way that we really could make a difference and one way we could change the tax base a bit.

And like you say, go after those assets and wealth from people who are passing away and trying to pass it down to their families.

But I mean, politically, just incredibly hard.

I mean, any notion of a death tax, I mean, that almost...

Seems untouchable at the moment, I'd say.

Yeah, Jane's come in.

She took the reins at Endeavor Group on the 1st of January, having been appointed mid last year.

I mean, she's had a few sort of trading updates and what along the way so far.

I think she's dropped a few breadcrumbs telling us there's not going to be any massive structural changes.

But this is a business that's in decline, really.

Like the share price hit an all-time low this week.

I mean, she's got a lot of work to do to turn it around.

Hopefully next week, investors will get a better idea of exactly how she's going to do it.

But first, James, let's start with a bit of news from Friday morning.