MPs blast Jacob Rees Mogg's firm for cashing in on coronavirus crisis
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mirror.co.ukMPs blasted a financial firm founded by Jacob Rees-Mogg yesterday for saying the coronavirus crisis was a “once in a generation” chance of “super normal returns”.
The Sunday Mirror revealed the Commons Leader owns at least 15% of Somerset Capital Management, which is investing in businesses hit by falling share values.
It stands to make a fortune from the turmoil. Labour MP Alison McGovern said: “British people are trying to figure out how to keep their families going, but others are just trying to figure out how to make the very wealthy extremely wealthy. “It is grim.” Acting Lib Dem leader Sir Ed Davey called it “beyond horrifying”.
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