Jacob Rees-Mogg to receive about 500,000 in fund dividend
Briefly

Former business secretary and staunch Brexiter Jacob Rees-Mogg will receive about 500,000 in annual dividends from his stake in Somerset Capital Management, the investment fund he co-founded in 2007.However, the prospect of Rees-Mogg collecting an even bigger multimillion-pound windfall appears to be on ice, as the Guardian understands Somerset is no longer holding talks about a potential sale of the firm valued at between 70m and 100m.
Read at www.theguardian.com
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