Michelle Mone Was she a leading entrepreneur or a lucky baroness?
The Guardian|January 26, 2024
Throughout the stunning interviews the Conservative T peer Michelle Mone gave last month, finally admitting she had lied for years when denying her involvement in lucrative PPE deals, she still maintained a claim central to her remarkable rise.
David Conn
Michelle Mone Was she a leading entrepreneur or a lucky baroness?

Hands neatly placed in her lap, she was, she told the BBC's Laura Kuenssberg, a "very successful individual businesswoman".

Mone and her husband, the Isle of Man-based businessman Doug Barrowman, are facing a long-running National Crime Agency investigation into allegations of bribery and fraud in their securing of £200m in government contracts for a company, PPE Medpro. Both now admit involvement in the con any, but deny any wrongdoing.

It is telling that the couple, in complete contradiction to their previous aggressive legal denials, are now claiming it was Mone's business experience and contacts that enabled them to deliver PPE.

"I've got 25 years' manufacturing experience, and that's one of the reasons I was put into the House of Lords," Mone told Kuenssberg in December. When Covid hit, she said: "I looked at Doug and I thought, we could really, really help here. And I just know all the key players in the far east. And I made the call to Michael Gove."

Barrowman, who also took part in the BBC interview, had made a similar claim in a film paid for by PPE Medpro that was released on YouTube a week earlier. "Michelle and I looked at each other one day and said, you know, we have strong contacts ... in the far east," he said. "Essentially, Michelle reached out to her contacts, we formed a consortium venture with a company based in Hong Kong and a company based in the UK."

Analysis of documents, however, raises questions about whether Mone really did use her contacts in the east Asia, as is now claimed - or whether her role was principally to exploit her Tory political connections to secure those lucrative contracts.

Her claims about her level of success as a businesswoman have also been disputed. Her company had been heading into insolvency and needed to be rescued shortly before she was given a peerage.

Denne historien er fra January 26, 2024-utgaven av The Guardian.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

Denne historien er fra January 26, 2024-utgaven av The Guardian.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

FLERE HISTORIER FRA THE GUARDIANSe alt
Money hacks How to save on winter sports holidays
The Guardian

Money hacks How to save on winter sports holidays

When it comes to skiing and snowboarding, going to Europe will always be cheaper than flying to somewhere such as the US or Canada - but costs vary massively on the continent.

time-read
4 mins  |
November 23, 2024
Scam refund claims
The Guardian

Scam refund claims

Some victims of bank transfer scams will not get a penny back despite beefed-up rules designed to better protect consumers from fraudsters because several big banks have introduced an excess on refund claims.

time-read
1 min  |
November 23, 2024
Packaged accounts Are the perks worth the money?
The Guardian

Packaged accounts Are the perks worth the money?

For a monthly fee, banks offer everyday banking with all kinds of enticing extras. Laura Whateley examines how the 'freebies' stack up

time-read
6 mins  |
November 23, 2024
Spain floods force firms to look south for oranges
The Guardian

Spain floods force firms to look south for oranges

Some British retailers and wholesalers have been forced to switch to sourcing oranges from South Africa and South America earlier than usual after last month's floods in eastern Spain left farmers struggling to harvest and ship their crops.

time-read
2 mins  |
November 23, 2024
Northvolt boss resigns after EV battery firm files for bankruptcy
The Guardian

Northvolt boss resigns after EV battery firm files for bankruptcy

The chief executive of Northvolt has resigned after the Swedish battery startup filed for bankruptcy protection in the US.

time-read
2 mins  |
November 23, 2024
Electric dream sours Carmakers fight strict EV rules as fines loom
The Guardian

Electric dream sours Carmakers fight strict EV rules as fines loom

When Ford announced this week that it was cutting 800 jobs in the UK, the US carmaker had stern words for the government.

time-read
2 mins  |
November 23, 2024
The Guardian

Irish tycoon bids to buy out Yorkshire Post owner

National World, the owner of the Scotsman and Yorkshire Post - and underbidder in the auction for the Telegraph - has received a buyout proposal from largest shareholder.

time-read
1 min  |
November 23, 2024
Bitcoin rises after US SEC chair says he will step down
The Guardian

Bitcoin rises after US SEC chair says he will step down

Cryptocurrencies rose sharply immediately after one of the industry's biggest critics, Gary Gensler, said he would stand down as the head of the US financial regulator when president-elect Donald Trump was inaugurated in January.

time-read
1 min  |
November 23, 2024
Feeling the strain Rising bills and Trump policies to add to pressure on households
The Guardian

Feeling the strain Rising bills and Trump policies to add to pressure on households

Labour swept to power in the wake of a punishing cost of living crisis that hit households hard, with the price of food and energy rocketing, alongside the impact on mortgage rates of Liz Truss's disastrous mini-budget.

time-read
4 mins  |
November 23, 2024
Budget blamed for end to 12 months of expansion as optimism slumps
The Guardian

Budget blamed for end to 12 months of expansion as optimism slumps

Labour's first budget in 14 years has been given the \"thumbs down\" by private sector businesses, with Rachel Reeves's measures blamed for the end to a 12-month run of expansion and a fall in retail sales.

time-read
2 mins  |
November 23, 2024