Redrow Homes founder Steve Morgan (above) is pledging to channel £1m a week to charities hit by the coronavirus outbreak. The cash will be distributed through the Steve Morgan Foundation to charities in Merseyside, Cheshire and North Wales.
Morgan, who founded Redrow in 1974, has also urged other entrepreneurs and philanthropists to do the same.
Morgan made the decision despite seeing an estimated 50% wiped off his own fortune in March by the economic crash caused by covid-19.
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