BARONESS Michelle Mone has admitted lying about her links to Medpro and that she stands to benefit from more than £200 million in government contracts awarded to the PPE supply firm she recommended to ministers.

The company is currently being investigated by the National Crime Agency (NCA), while the Department of Health and Social Care (DHSC) has since issued breach of contract proceedings over a 2020 deal on the supply of gowns.

The Tory peer has repeatedly denied that she profited from the deal but in her first major broadcast interview since the scandal emerged, conceded she made an “error” in publicly denying her links to the firm and that she is a beneficiary of her husband Doug Barrowman’s financial trusts, which hold around £60m of profit from the deal.