Sandaire chief executive James Fleming muses on the prospect of the firm’s 50^th anniversary celebration - how it will be “wonderful” for the firm’s founder Alex Scott and his family to mark the occasion.

Such a celebration would not take place until 2046, but the fact that the firm’s leader thinks like this exemplifies the long-term thinking that can be a luxury of working for a privately-owned family business.

Much of the conversation with Mr Fleming and chairman Warwick Newbury is loosely based around this theme of longevity, both in terms of the business itself and the wealth of the 26 families w...