Island billionaire and 'Baroness Bra' join forces

Friday, 23 December 2016 00:00

The head of a huge UK lingerie firm has joined business forces with her Manx-based multi-billionaire boyfriend.

Michelle Mone, the founder of Ultimo, has set up a company with Douglas Barrowman of St Marks.

MMI Global Limited was created last week in Mayfair in London in offices related to Mr Barrowman's companies.

Tory peer Lady Mone owns 49 per cent of the new company with Mr Barrowman's Manx firm Knox Limited owning the other 51 per cent.

Reports in the UK press linked Lady Mone to Mr Barrowman earlier this month after they were seen spending time together in Cheshire.

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