Companies with no experience pocketed £12bn on the Government’s ‘shambolic’ PPE scramble

Sabia Mokeddem, 23, was handed a contract worth £880,000  For enterprising businesses, it was the chance of a lifetime. As the coronavirus pandemic swept across Britain, a £12.3billion ‘Wild West’ opportunity emerged for any firms able to provide the NHS with protective equipment. Companies with no experience supplying PPE won lucrative Government deals. Now, the … Read more

Sirius Minerals boss pocketed £1.3m as investors lost fortune

Sirius Minerals boss pocketed £1.3m after agreeing takeover that cost many shareholders their life savings  Former chief executive Chris Fraser received £1.3m in bonuses Former finance boss Thomas Staley pocketed a total of nearly £900,000 Fraser and Staley are now running Anglo’s new ‘crop nutrients’ division By Jamie Nimmo For The Financial Mail On Sunday Published: … Read more

‘£20m pocketed’ in the run-up to London Capital & Finance collapse 

‘Businessmen pocketed £20m’ in the run-up to London Capital & Finance collapse By Daily Mail City & Finance Reporter Published: 23:43 BST, 10 December 2019 | Updated: 23:43 BST, 10 December 2019 Four businessmen arrested over the London Capital & Finance savings scandal are said to have pocketed almost £20million in the run-up to its … Read more

Furloughing fat cat bosses pocketed over £300m in five years

Chief executives at 18 FTSE 100 listed companies furloughing thousands of staff raked in over £300million, or over £3million each, in pay and rewards since 2015, new findings from the High Pay Centre claim. There are mounting calls for highly paid executives to play a bigger part in shouldering the financial burden stemming from the … Read more