Michelle Mone-linked PPE firm liquidated and unlikely to repay £148m

Baroness Michelle Mone-linked PPE supplier, PPE Medpro, has been liquidated, leaving the UK government unlikely to recover the £148m owed due to the company's faulty PPE supplies during the Covid pandemic. The company, run by Mone's husband Douglas Barrowman, filed for administration and had minimal funds to repay its debts. Despite efforts, unsecured creditors like the Department for Health and Social Care may not recoup their losses, with the administrator highlighting the challenges in recovering the substantial debt incurred during a national crisis.