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Profits jump for Patel-backed PPE firm after it won £216m contracts

Pharmaceuticals Direct Limited was awarded taxpayer-funded business after support from home secretary

Profits at a company that secured support from the home secretary, Priti Patel, as it lobbied ministers for UK government contracts to supply personal protective equipment, have soared after it won £216m in taxpayer-funded business during the pandemic.

Revenues at Pharmaceuticals Direct Limited jumped from £38m to £166m in the year to the end of March 2021, with profits rising eightfold, from £1.6m to £13m, according to accounts filed this week at Companies House.

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Read the original article at The Guardian

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