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Michelle Mone admits she stands to benefit from £60m PPE profit

Former Tory peer tells BBC she and her husband also lied to the media when they denied involvement with the company awarded the contracts

The former Conservative peer Michelle Mone and her husband, Doug Barrowman, have acknowledged for the first time that he made multimillion pound profits from two PPE deals during the Covid pandemic.

Mone also acknowledged for the first time that, as revealed by the Guardian last year, Barrowman then transferred money from those profits to a trust, the Keristal Trust, set up for the benefit of Mone and her three adult children. The couple said Barrowman’s children were also beneficiaries of the trust.

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