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Sputnik International
Published:
5:30 AM April 28, 2021
Ipswich Debenhams has been bought by property giant the Unex Group, founded and chaired by racing legend Bill Gredley.
- Credit: Charlotte Bond
Ipswich s Debenhams store has been sold to a property company headed by one of East Anglia s richest men, we can reveal today.
The store on the Cornhill has been bought by the Unex Group, which is based just outside Newmarket in the Cambridgeshire village of Stetchworth.
The company is chaired by legendary racehorse owner and breeder Bill Gredley, who is listed in The Sunday Times Rich List as being worth £259m.
Bill Gredley is chairman of the Unex Group.
Nearly a third of UK children in poverty even before pandemic
Big business and the super-rich have seen their fortunes reach stratospheric levels in recent years. Last year’s
Sunday Times Rich List revealed the richest 1,000 people in Britain had amassed nearly £750 billion in known income and assets. Throughout the pandemic multi-billion-pound bailout schemes shovelled more wealth to those at the top.
But as the pandemic began, record numbers of children were living in poverty. A survey of households earning less than 60 percent of average income in March 2020 found the number of children living in poverty had risen to 4.3 million, up from 4.1 million the year before.
Published:
5:30 AM April 28, 2021
Ipswich Debenhams has been bought by property giant the Unex Group, founded and chaired by racing legend Bill Gredley.
- Credit: Charlotte Bond
Ipswich s Debenhams store has been sold to a property company headed by one of East Anglia s richest men, we can reveal today.
The store on the Cornhill has been bought by the Unex Group, which is based just outside Newmarket in the Cambridgeshire village of Stetchworth.
The company is chaired by legendary racehorse owner and breeder Bill Gredley, who is listed in The Sunday Times Rich List as being worth £259m.
Bill Gredley is chairman of the Unex Group.