14.5 C
Auckland
Tuesday, April 16, 2024

Popular Now

UK husband and wife’s PPE business made £1.8 billion windfall during COVID

UK couple Sarah and Richard Stoute’s company ‘Full Support Healthcare’ has earned a staggering £1.8 billion in revenue since the COVID crisis began, from the supply of PPE to the government.

In the year before COVID the company made a £1 million profit.

According to a report in the Daily Mail, Sarah Stoute, the company’s CEO explained how she got wind of a potential health crisis in late 2019, and on that basis placed huge orders for PPE with Chinese factories just before the pandemic began, thus getting a headstart on her rivals.

COVID PPE News

 

The hunch paid off as the company would go on to become the government’s preferred PPE supplier during the pandemic, bringing the couple substantial riches, which they have spent on luxury houses and investing in equestrian facilities.

Promoted Content

No login required to comment. Name, email and web site fields are optional. Please keep comments respectful, civil and constructive. Moderation times can vary from a few minutes to a few hours. Comments may also be scanned periodically by Artificial Intelligence to eliminate trolls and spam.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest

Trending

Sport

Daily Life

Opinion

Wellington
clear sky
10.3 ° C
11.8 °
9.5 °
89 %
3.1kmh
8 %
Mon
14 °
Tue
16 °
Wed
14 °
Thu
16 °
Fri
16 °
-- Free Ads --spot_img