What will be David Cameron’s legacy? The former Prime Minister is keen to be remembered for his social justice reform, but it’s more likely he’ll be remembered for taking Britain out of the EU. However, it’s some of his financial decisions that continue to trouble Mr S.
Take, for example, the £200,000 of taxpayers’ money the Cabinet Office has gifted Lily Cole since 2013. Under the Innovation in Giving fund, the millionaire model received the money to fund her ‘sharing economy’ website Impossible. The site launched with the aim to match people with requests for help with those who have the skills to assist.
So, a good use of taxpayers’ money? Perhaps not. In the latest accounts filed for her company I Am Possible Ltd, she has posted losses of over £250,000. While the company made a loss of just under £250,000 in 2014, the accounts for 2015 show they have only gone and done one better this year — boasting losses of over £256,000.
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