How private equity fat-cats triggered Debenhams’ downfall

Debenhams was doomed long before the coronavirus pandemic struck, experts have claimed, with the retail chain never recovering after being bought and sold by fatcats who stripped its assets and collected over £1 billion in dividends.  The department store collapsed yesterday and will be liquidated in the New Year after rescue talks with JD Sport fell … Read more

ALISON BOSHOFF asks why fatcats worth millions want taxpayers to cover staff wages during lockdown

Can it ever be right for a multi-millionaire to ask taxpayers to stump up for their staff’s salaries? With Prince Charles not asking for help from the Government’s coronavirus furlough scheme — but Victoria Beckham among those taking it — it’s the question sparking furious debate. Many are asking why the taxpayer should pick up … Read more

Staggering incompetence of our public health fatcats

A couple of months back, the Taxpayers Alliance published what it called a Nanny State Rich List. It pointed out some extraordinary salaries being paid to various quango-crats keen on running campaigns urging us to use our phones less, have fewer soft drinks, pay punitive taxes on sugar and so on. Top of the league, … Read more