Foreign-based firms including French fashion giant Chanel share £2.8billion of emergency loans

French fashion giant Chanel is among foreign firms sharing £2.8billion of British taxpayers money in emergency loans, despite being owned by billionaires. The Paris-based doyen of fashionistas has been given £600million in Bank of England loans despite being owned by brothers Alain and Gérard Wertheimer, who have personal wealth estimated at £30billion.  German chemicals giant … Read more