On Rothesay

Will anyone buy the Glenburn? One evening last week I went to the hotel and at the top of the garden staircase looked out across the bay at a modern superyacht, the Elandess, which had been anchored there for several days. The Elandess is owned by Lloyd Dorfman, inset, the British founder of Travelex, the world’s largest dealer in foreign exchange, with personal wealth estimated at $1.2bn. By the end of the week, the rumour had run around town. The yacht was awaiting Dorfman, who was coming to look over the Glenburn with a view to buying it. People smiled when they told the story; it was such good news. But it turned out to be invented. Someone who worked on the pier, tired of being asked about the yacht’s long stay, had made it up. This week, as has happened before in Bute, the money weighed anchor and sailed away. Columnist Ian Jack in The Guardian