Tony Banks (businessman)

Last updated
Tony Banks
Born (1961-10-23) 23 October 1961 (age 62)
Known forFounder of the Balhousie Care Group, Falklands veteran

Anthony Roiall Banks (born 23 October 1961) is a British businessman, author and Falklands veteran. He was the chairman and founder of the Balhousie Care Group, Scotland's largest private residential care home provider. He is chairman of Business for Scotland and is a vocal supporter of Scottish Independence. In recent years a number of businesses Banks has been associated with have faced public controversy.

Contents

Early life and education

Born 23 October 1961, Banks grew up the youngest of four children in Dundee. [1] Banks’ father was an RAF logistics sergeant and his mother was a housewife. His first job was working as a newspaper delivery boy. He also worked as a refuse collector, a shelf stacker, a chicken catcher, an electrician's assistant, and a raspberry picker.

Banks left school aged 17 to study accountancy at Abertay University, then known as Dundee Institute of Technology. He currently holds an honorary doctorate in Business Administration from the same university. [2]

Career

Banks joined the Territorial Army Parachute Regiment to supplement his student grant shortly after enrolling at the University of Abertay. He eventually left his course to join the Territorial Army full-time.

In 1982, Banks was sent to serve in the Falklands War as part of 2nd Battalion, Parachute Regiment (2 Para). His regiment was the first battalion to land and the first to win a major battle. Banks fought at the Battle of Goose Green and the Battle of Wireless Ridge and observed the Bluff Cove air attacks. He also witnessed the death of one of his closest friends during the Falklands War.

Banks is Honorary Colonel of the Territorial Army's 71 Engineer Regiment (Volunteers) and in 2013, he launched a website for those who lived through World War II to upload personal accounts. [3] [4] Banks is a donor and board member for Combat Stress, a charity which helps ex-servicemen and women affected by post-traumatic stress disorder. [5] [6]

Care homes

After the war, Banks served with the Parachute Field Ambulance service before becoming an insurance and pensions salesman for Financial Planning Services.

Having achieved success in the sales industry and seeing how the private sector dealt with the country's ageing population, [2] Banks decided to move back to Scotland to build a family-run care home business. [7]

Banks incorporated Balhousie Care Group and bought his first care home in 1991, Balhousie Lisden in Kirriemuir, Angus. After 12 years, the group consisted of three care homes with £1.5m turnover. [7]

The group is Scotland's largest private care home provider with 27 care facilities, employs more than 900 people and as of 2019 had a turnover of just under £40m. [8]

In 2023 following an inspection by The Care Inspectorate where it identified serious and significant concerns about the quality of care experienced by residents at Balhousie Huntly Care Home [9] the facility was taken over by the Scottish Government. Aberdeenshire West MSP Alexander Burnettt called for an investigation to question why action was not taken sooner to demand improvements. [10]

Tayside Aviation

In December 2021 Tayside Aviation was bought by ARB Aviation, a company set up by Banks. The company was placed into administration on 21 April 2023. ARB Aviation have claimed that at the time of purchase the company value was misrepresented and overvalued. They have also claimed that the maintenance records of aircraft had been falsified. Student pilots suffered significant financial loss when their training abruptly ended on the collapse of the company. [11] [12]

Controversies

2024 Sugareef Jersey

In 2024 Banks found himself facing controversy in relation to allegations of unpaid bills relating to a Jersey Pub called Sugareef [13] where a website development company claimed their bill had not been paid and had posted on the pub's website saying "Tony Banks your bill is now £3205.85 and rising by the day. Jersey Millionaires Give it a rest some are con artists. If you have a problem with this truth written here Tony Grab A Plane Seat. Tony We will be waiting to greet you, but it cannot be pleasant greeting<<<< until you pay you debt, Can it Tony Banks?" [14]

2023 Balhousie Care Home resident neglect

Banks recently sold Balhousie care home business (where he remained a shareholder) [15] faced allegations of serious neglect of its residents which ultimately resulted in the home being taken over by the Scottish regulator citing serious concerns as to the care given to its residents. [16]

2021 Aviation business Failure

In 2021 15 months after Bank's business had taken over 55-year-old Dundee-based flight academy Tayside Aviation, it collapsed with administrators being appointed. It was reported at the time that the collapse of the business led to 22 job losses and revealed potential losses of more than £700,000 owed to students who had paid upfront for their training, including individual deposits of more than £70,000 [17] [18] [19]

2016 Cleared of Assault

Banks who at the time of his trial was 54 was acquitted of assaulting his then girlfriend 28 year old Kimberley Anderson at his home in Kirriemuir. [20] It was reported that Banks had reconciled with Anderson and they were now living together.

Awards and recognition

In 2011, Banks was one of 12 recipients in Scotland of the Ernst & Young Entrepreneur of the Year award and was announced a finalist for Fundraiser of the Year 2011 at the Daily Record Hero Annual Awards. [21] [22] In 2012, Banks was named as one of the entrepreneurs chosen for Richard Branson’s panel which sought to select the world's best business ideas. [23]

Other awards Banks has received include Tayside Regional Director of the Year [24] and Businessman of the Year at the Scottish SME Business Awards. [25] He was also runner-up at the 2018 Institute of Scotland Director of the Year Awards. [26]

Other business ventures

Banks’ other business interests include property development [27] and the pharmacy sector. [1] In July 2018, he revealed his plans to invest in the medicinal marijuana industry in the USA. [28] [29]

In the media

The Secret Millionaire

In 2009, Banks appeared on the sixth series of Channel 4’s The Secret Millionaire in which he spent time living and getting to know residents on a low-income estate in Whitfield, Dundee. During the programme he donated to people he had met and has subsequently given more than £70,000 to organisations [30] that he got to know during filming, including Daisy UK, a Liverpool-based organisation headed up by Dave Kelly. [31] [32] [33]

From War to Peace

In 2010, the BBC filmed a documentary entitled 'From War to Peace', in which a film crew followed Banks on a journey to Argentina. Banks had left the Falklands with a war trophy which he had kept for 28 years – a trumpet taken from an Argentinean prisoner of war named Omar Tabarez. [34] With the help of a journalist who tracked down Tabarez, Banks visited him at his home in Argentina to hand back the trumpet. [35]

Political activity

Scottish independence

In May 2013, Banks joined the pro-independence Business for Scotland network [36] where he remains chairman. [37] He is a strong proponent for Scottish Independence and is an SNP donor. [38]

Response to COVID-19

Banks has been widely published for his strong views on Scottish government support for care homes during the COVID-19 pandemic. He made the decision to lock down the group's 26 care facilities on 11 March, 12 days before the nationwide lockdown. [39] Banks insisted the care homes would not relax visiting rules until safer practices were in place to minimise risk of transmission of the virus. [40] [41]

In September 2020, Banks called on the government to review its mass staff testing policy for care home workers, noting slow test results for his 900+ staff. [42] [43] In December 2020, the first COVID-19 Pfizer vaccinations were distributed to care home residents in Balhousie North Inch care home in Perth, Tayside. [44]

Writing career

In March 2012, 30 years after the Falklands War, Banks released Storming the Falklands: My War and After [45] . The book charts his experiences in war, how he struggled for years with combat-related stress, and how he has just recently managed to come to terms with his experiences. [46]

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References

  1. 1 2 Bolshaw, Liz (3 October 2011). "Tony Banks: A strong work ethic is the key" . Financial Times . Retrieved 21 February 2021.
  2. 1 2 "Tony Banks - Abertay - Honorary Graduate". Abertay. 8 August 2018. Retrieved 21 February 2021.
  3. ↑ "Tony Banks Appointed Honorary Colonel of Scottish TA Regiment | Dundee and Angus Chamber of Commerce". www.dundeeandanguschamber.co.uk. Retrieved 21 February 2021.
  4. ↑ "Dundee Falklands War veteran launches World War II site". BBC News. 6 February 2013. Retrieved 21 February 2021.
  5. ↑ "Secret Millionaire joins Combat Stress appeal board". www.civilsociety.co.uk. Retrieved 21 February 2021.
  6. ↑ Dailyrecord.co.uk (29 January 2010). "East Ayrshire Provost backs Combat Stress charity". Daily Record. Retrieved 21 February 2021.
  7. 1 2 "'I'm A Believer In Being In Business In Spite Of Government...' (INTERVIEW)". HuffPost UK. 19 November 2012. Retrieved 21 February 2021.
  8. ↑ McLaren, Rob. "Balhousie Care Group records £41m sales". The Courier. Retrieved 21 February 2021.
  9. ↑ https://www.bbc.com/news/uk-scotland-north-east-orkney-shetland-65112819
  10. ↑ https://www.pressandjournal.co.uk/fp/news/aberdeen-aberdeenshire/5878216/balhousie-huntly-care-home-alexander-burnett-scottish-government-investigation/
  11. ↑ https://www.insider.co.uk/news/tony-banks-makes-legal-claim-30213114
  12. ↑ https://news.stv.tv/north/trainee-pilots-lose-thousands-after-tayside-aviation-flight-school-enters-administration
  13. ↑ https://www.sugareefjersey.com/
  14. ↑ http://www.sugareefjersey.com
  15. ↑ https://www.pressandjournal.co.uk/fp/business/scotland-business/4838716/north-east-care-home-operator-changes-hands-in-multimillion-pound-deal/
  16. ↑ https://www.bbc.com/news/uk-scotland-north-east-orkney-shetland-65112819
  17. ↑ https://www.ftnonline.co.uk/2024/01/03/tayside-aviation-administration-latest-after-collapse/
  18. ↑ https://www.bbc.com/news/uk-scotland-tayside-central-65347523
  19. ↑ https://www.heraldscotland.com/business_hq/23470423.tayside-aviation-grounded-administration/
  20. ↑ https://www.bbc.com/news/uk-scotland-tayside-central-35875686
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  22. ↑ Dailyrecord.co.uk (12 May 2011). "Our Heroes 2011: Take a look at our second batch of brave and kind-hearted nominees". Daily Record. Retrieved 21 February 2021.
  23. ↑ "THE WORLD'S BEST IDEAS FOR SCREWING BUSINESS AS USUAL". Female Entrepreneur Association. 25 April 2012. Retrieved 21 February 2021.
  24. ↑ "Tony Banks Named IoD (Scotland) Tayside Regional Director of the Year | Dundee and Angus Chamber of Commerce". www.dundeeandanguschamber.co.uk. Retrieved 21 February 2021.
  25. ↑ admin (9 May 2019). "Balhousie Care Group Chairman named Business Man of the Year". Balhousie Care Group. Retrieved 21 February 2021.
  26. ↑ "Balhousie Care Group's chairman recognised at IoD Scotland awards". Volpa. 26 March 2018. Retrieved 21 February 2021.
  27. ↑ McCulloch, Scott (25 September 2017). "Balhousie Care Group to buy back leased properties after securing £49m refinancing". businessInsider. Retrieved 21 February 2021.
  28. ↑ "Cannabis venture for Scots care home tycoon". HeraldScotland. Retrieved 21 February 2021.
  29. ↑ Macaskill, Mark. "Balhousie founder Tony Banks in cannabis pipe dream". The Times . ISSN   0140-0460 . Retrieved 21 February 2021.
  30. ↑ Bradley, Jane. "Care homes founder who wants to be a not so secret millionaire". The Times . ISSN   0140-0460 . Retrieved 21 February 2021.
  31. ↑ "About Us – Daisy Inclusive UK" . Retrieved 21 February 2021.
  32. ↑ Shennan, Paddy (30 September 2009). "Secret Millionaire Tony Banks spreads happiness – and thousands of pounds – in Liverpool and Sefton". Liverpool Echo. Retrieved 21 February 2021.
  33. ↑ "The Secret Millionaire Changed My Life - S7". Radio Times. Retrieved 21 February 2021.
  34. ↑ "Falklands veteran returns trumpet seized from Argentine soldier". The Telegraph. Retrieved 21 February 2021.
  35. ↑ "From War to Peace". www.bbc.co.uk. Retrieved 21 February 2021.
  36. ↑ "Scottish referendum: Business leaders join new pro-independence group". BBC News. 14 May 2013. Retrieved 21 February 2021.
  37. ↑ "Scottish Independence best for entire UK and CBI should know better". Business for Scotland. 25 March 2014. Retrieved 21 February 2021.
  38. ↑ Editor, Kieran Andrews, Scottish Political. "Call independence vote or quit, donor tells Sturgeon". The Times . ISSN   0140-0460 . Retrieved 21 February 2021.{{cite news}}: |last= has generic name (help)CS1 maint: multiple names: authors list (link)
  39. ↑ "'Three months of mixed messages, mismanagement and missed opportunities' – care homes chief speaks out". HeraldScotland. Retrieved 21 February 2021.
  40. ↑ "Statement from Balhousie Care Group Chairman Tony Banks | Dundee and Angus Chamber of Commerce". www.dundeeandanguschamber.co.uk. Retrieved 21 February 2021.
  41. ↑ "Covid in Scotland: Relaxed care home visiting rules 'ill thought out'". BBC News. 13 October 2020. Retrieved 21 February 2021.
  42. ↑ Swindon, Peter. "The wrong kind of test tubes: Why NHS labs can't help clear coronavirus testing backlog". The Sunday Post. Retrieved 21 February 2021.
  43. ↑ Percival, Richard (1 June 2020). "Nicola Sturgeon shamed: Scottish leader faces backlash for coronavirus care home crisis". Express.co.uk. Retrieved 21 February 2021.
  44. ↑ "NHS Tayside". www.nhstayside.scot.nhs.uk. Retrieved 21 February 2021.
  45. ↑ "Interview:Tony Banks, former soldier and entrepreneur". www.scotsman.com. Retrieved 21 February 2021.
  46. ↑ "Ex-Defence Secretary John Nott warns over Falklands". The Telegraph. Retrieved 21 February 2021.
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