Sunak should 'reinvest money'
MP calls for more furlough recipients to repay taxpayer
Mr Povlsen owns the building that houses Jenners
A Scottish MP has called for more companies in receipt of furlough payments to consider repaying the taxpayer after Scotland’s biggest private landowner became the latest employer to return cash to the Treasury.
Wildland, the estate vehicle of Danish billionaire Anders Povlsen, has arranged a repayment of £296,000 to the UK public purse.
Mr Povlsen, who has an estimated £6 billion fortune, is the owner of the online retailer Asos and the building occupied by the Jenners department store. Questions were asked in May why a billionaire was in receipt of public subsidy. However, his business was expecting to make a loss.
His repayment follows similar moves by Scottish firms Smart Metering Systems and Scottish Sea Farms, together with high profile companies such as housebuilders Barratt, Redrow, and Taylor Wimpey, Games Workshop and The Spectator magazine.
Wildland chief executive Tim Kirkwood confirmed that it would reimburse the taxpayer for all of the cost of its furloughed workers.