Bannatyne opens up about family feud

Rex Features

Duncan Bannatyne has responded to his brother's claim that he is "tight with money" by revealing that he has handed out thousands of pounds to his sibling.

The entrepreneur's brother Sandy, 42, reportedly signed up to the Facebook group I Hate Duncan Bannatyne Society, while his other sibling Bill, 52, said that he was "arrogant" and "tight".

"I've given plenty of money to my brother,' the multi-millionaire told the Daily Mail. "He just spends it on lager."

Bannatyne, who recently agreed to join fellow Dragons' Den star Peter Jones for a Comic Relief version of Strictly Come Dancing, added that the door is always open for his family.

"If they ever want any money, all they have to do is ask," he said.