Our chancellor, Jeremy Hunt, turns out to be one of the richest Ministers of State, having sold his company in 2017. In 2018 he and his wife purchased 7 flats in Ocean Village in Southampton which they rent out. At a time when he was refusing to make inflationary increases to…
@JonathanTod_TFP
It seems the 7 flats were bought with loans/mortgages. Do we know if this would affect the bottom line profits on rental incomes, once all outgoings were taken into consideration?
@wellness_work
They are heavily leveraged investments and SPVs. Should they go well, they will be even richer. Should they go badly the bank/mortgage provider (ie all of us) will pick up the tab. Nice people eh!
Significantly less net income out of the company. Hunt says this money has…
@JonathanTod_TFP
Johnathan and Gina please meet with the Green Party and form an alliance. Both parties are genuine about citizens welfare and the environment. 💜
@JonathanTod_TFP
I saw the program on this, he borrowed over £3M to buy them. So assuming interest eats into a large chunk of the £150K and he has tax to pay on any profit its rather silly to expect him to donate £150K. Im no tory lover but Im on the side of truth and reasonsble debate.
@JonathanTod_TFP
Jeremy Hunt is highly likely all those things but your grievances and Inflationary 'solutions' are exactly what will ensure people like him become rich off the public purse and Govt interference in the customer-regulated economy.
🔴JEREMY HUNT
"HONEST MISTAKE. Hunt sorry for failure to declare luxury flats purchase"
Hunt is one of the richest Ministers of State, having sold his company in 2017
In 2018 he & his wife purchased 7 flats in Ocean Village in Southampton which they rent out
CORRUPT
READ…
@JonathanTod_TFP
Man works hard sells company buys property is a lack of integrity. The pay rises affect the economy. There's no comparison. I'm sure you have more money than public sector workers. So where is your integrity.
@JonathanTod_TFP
He rents out 7 flats?! No wonder the Tories don't want to ban no fault evictions! No wonder we have a homeless crisis that is getting worse. The Tories have not only wrecked the UK's housing system, they're profiting from it!
@JonathanTod_TFP
Please wake up Brit public. Public school, to which I and Hunt were both sent, doesn't teach you integrity. It teaches entitlement, divide & rule, and how to plunder at home & [formerly] abroad. Rich elite protects the rich elite. Simples.
@suzannezeedyk
@nickduffell
@axrenton
@JonathanTod_TFP
Interesting that Hunt refuses to name the charity, and reports have been posted on here earlier that Michelle Mone's husband has allegedly closed his/their/family(?) charity, so their accounts are no longer available for scrutiny. Why? Anything to hide? 🤔
@JonathanTod_TFP
Hopefully the mere 50 of them in mid 2024 will end the greed and shambles of the past 14 years. Bring on a social democratic coalition.