Hunt lands £15m payout as NHS crisis deepens
Jeremy Hunt, the Health Secretary, is to land more than £15m from an education business he helped set up, even as he fights an increasingly intense political battle over the NHS’s latest winter crisis.
Sky News has learnt that Hotcourses, a listings service set up by Mr Hunt and his business partner Mike Elms in 1996, is expected to announce this week that it has been sold for between £30m and £35m.
A deal was said by a legal source to be close to being signed on Sunday evening.
Filings at Companies House suggest that Mr Hunt owns approximately 48% of the shares in Hotcourses, meaning a takeover worth £35m would yield a payday for the cabinet minister worth £16.8m.
The latest register of MPs' interests says only that he holds more than 15% of the business.
The prospective ...
