Foreignowned

Foreign-owned firms borrowed hundreds of millions in cheap Government loans

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Giant foreign companies have handed billions of pounds to their wealthy investors after taking out cheap Covid loans backed by the British taxpayer, a Mail on Sunday investigation has uncovered. Our probe found more than £5 billion of payments to shareholders by firms that had borrowed vast sums from the Bank of England. The US … Read more

Foreign-owned trawler that controls QUARTER of England’s fishing quota to take biggest Brexit share

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A foreign-owned super trawler, that controls almost a quarter of England’s fishing quota, will take biggest share after Brexit.  The 390ft Dutch Frank Bonefaas controls 23 per cent of England’s fishing quota, and is the largest trawler registered in the British fishing fleet.  Campaigners say more than half of England’s fishing quota will be controlled by … Read more