What happened: The app vVoosh, supported by former Duchess Sarah Ferguson as an ambassador, received £1 million of public money. The app, founded by her friend Manuel Fernandez, has since failed.
Why it matters:
- Public funds were invested in a project that did not succeed.
- It raises questions about oversight and the use of taxpayer money in private ventures.
MNN Take: Government funding aims to support innovation, but not all projects succeed. Transparency and accountability are important when public money is involved.
Sources: BBC Business