The podcast covers topics such as the resignation of MP Nadine Dorries, the challenges of modernizing the monarchy, the possibility of Meghan Markle returning to Instagram, Theresa May's upcoming book, a medical entrepreneur's profits during the pandemic, and the reasons behind a company's sudden insolvency.
Excalibur Healthcare Services made significant profits from supplying ventilators and PPE during the pandemic, but later went into administration, raising concerns about companies profiting from COVID contracts and avoiding tax.
The sale of Excalibur Healthcare Services to unknown buyers without experience in the medical supply industry ultimately led to its downfall, leaving suppliers unpaid and a significant amount of corporation tax unpaid.
Deep dives
Selling Ventilators and PPE
Excalibur Healthcare Services, led by Sir Chris Evans, profited from supplying ventilators and PPE during the pandemic, making around £13 million in profit.
Unusual Business Transfer
After the initial rush of business, Excalibur Healthcare Services was sold to unknown buyers and renamed International Medical Supplies Limited. The new owners lacked experience in the medical supply industry.
Administration and Unpaid Taxes
International Medical Supplies Limited went into administration, owing money to suppliers and HM Revenue and Customs. It had unpaid corporation tax of £2.1 million.
Concerns of Tax Avoidance
The case of Excalibur raises concerns of companies making large profits from COVID contracts and then avoiding tax by going bust.
Andy, Helen and Adam take a look at the completely resigned Nadine Dorries, the Revenge of the Maybot, and the Great Royal Reboot (where you press a big button and then nothing happens). Plus, Richard Brooks digs into the figures at a very successful - then mysteriously unsuccessful - PPE supplier.
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