An expensive round

How’s this for a bargain? Apparently SJ Berwin is turning tour operator and offering clients an all-expenses-paid golfing trip out to Spain. The catch? You have to spend £1m with the firm in 12 months. Do that and you get to go for free. If you spend less, you have to pay a share of the costs if you want to go.

What’s the deal for impecunious hacks who want to practice their swing? Tulkinghorn wonders.