Skip to main content

Hello. It looks like you’re using an ad blocker that may prevent our website from working properly. To receive the best experience possible, please make sure any ad blockers are switched off, or add https://experience.tinypass.com to your trusted sites, and refresh the page.

If you have any questions or need help you can email us.

Carrie’s boss’s business sinks further into the red

Damian Aspinall's Aspers UK Holdings ran up a £16.2m loss on £13.4m in sales in 2021

Picture: Getty Images

Carrie Johnson’s boss, Damian Aspinall, trousered £10.7m in government support last year at his casino venture Aspers UK Holdings. New accounts in at Companies House show it received £8.9m in furlough payments last year, as well as £1.8m through a business rates holiday.

Though handy, the money hasn’t stopped the business sinking still further into the red, running up a £16.2m loss on £13.4m in sales in 2021, to take ongoing trading losses to £48.8m and its net liabilities to £25.2m.

The prospects for 2022 are in the balance as well. “The casinos reopened under restrictions on May 17, 2021 and have remained open ever since,” it’s noted in the report.

“They have returned to profitability and are cash-generating. Attendances and trading revenues are lower than those experienced pre-pandemic as the night-time customers have been returning to the casinos at a slower rate than originally anticipated,” the report concluded. Still, one unnamed director managed to pick up a salary of £911,189.

No word yet from the Charity Commission on its investigation into alleged financial misappropriation at the Aspinall Foundation, where the outgoing prime minister’s wife still works.

Hello. It looks like you’re using an ad blocker that may prevent our website from working properly. To receive the best experience possible, please make sure any ad blockers are switched off, or add https://experience.tinypass.com to your trusted sites, and refresh the page.

If you have any questions or need help you can email us.

See inside the 48 pages of brilliant journalism to read as you queue up to exit Brexit Britain! edition

Former Liberal Party leader David Steel (Photo by Toby Melville - WPA Pool/Getty Images)

David Steel’s long goodbye

Delays on the rail network saw the former Liberal leader's long-delayed farewell party delayed even longer

Rishi Sunak and Liz Truss take part in the BBC Leadership debate at Victoria Hall, Stoke-on-Trent (Photo by Jacob King - WPA Pool/Getty Images)

Tory immigration policy is a new low in inhumanity

Both Tory leadership contenders clearly want to be tough on immigration to appease the many ultras in their party, writes one reader