Bestway

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Bestway are a wholesale cash and carry business and pharmacy company based in the UK, founded by Anwar Pervez.

History

The cash and carry side of Bestway started when Pervez opened a corner shop in Bradford in 1963. He soon moved into wholesale, realising it was more lucrative.

In 1999, Bestway 'bought the Co-op's pharmacy business from under the noses of Boots and Lloyds Pharmacy for £620million', making it the UK's thirds biggest pharmacy group.

In 2004, despite having a turnover of £1.1billion, Bestway bought rival cash and carry Batleys for £100million, turning the company into the second biggest wholesaler.

As of 2014, it has a turnover of £2.4billion.[1]

People

HSBC 2015 tax avoidance scandal

In the wake of the HSBC Swiss tax avoidance scandal, it was revealed that Bestway owner Sir Anwar Pervez and every other director on the companies eight-member board were linked with Swiss accounts. Pervez said HM Revenue and Customs was 'aware of these accounts and trusts and all directors were tax compliant'.[2]

Political Donations

Recorded by the Electoral Commission:

Date Name of donor Amount Donated to Subsidiary (parties only)
01/02/2005 Bestway Limited, 2 Abbey Road £10,000.00 Labour Party Batley and Spen CLP
12/01/2005 Bestway Cash and Carry Limited, 2 Abbey Road £10,000.00 Labour Party Brent East Clp
12/04/2005 Bestway Cash & Carry Ltd, Bestway Cash & Carry Limited £2,000.00 Conservative Party Banbury
12/04/2005 Bestway Cash & Carry Ltd, Bestway Cash & Carry Limited £4,851.55 Conservative Party Dewsbury
30/03/2006 Bestway Cash and Carry Ltd, Bestway Cash and Carry Ltd £3,000.00 The Rt Hon Dominic Grieve QC MP
30/03/2006 Bestway Cash and Carry, Bestway Cash & Carry Ltd £3,000.00 Mr Paul Goodman
14/03/2006 Bestway Cash and Carry Ltd, 2 Abbey Road £50,000.00 Conservative Party Central Party
29/05/2007 Bestway Northern Ltd, 2 Abbey Road £10,000.00 Conservative Party Central Party
29/05/2007 Bestway Cash & Carry Limited, 2 Abbey Road £15,000.00 Conservative Party Central Party
18/01/2008 Bestways PLC, Abbey Road £10,000.00 Mr Shahid Malik MP
31/10/2008 Bestway Cash & Carry Limited, 2 Abbey Road £2,000.00 Conservative Party Banbury
09/11/2008 Bestway Holding Ltd, Abbey Rad £6,000.00 Liberal Democrats Borough of Brent
10/06/2009 Bestway (Holdings) Ltd, 2 Abbey Road £2,647.98 Ms Sarah Teather MP
25/06/2009 Bestway Cash & Carry Limited, 2 Abbey Road £5,000.00 Conservative Party Beaconsfield
06/07/2009 Bestways Cash & Carry Limited, 2 ABBEY ROAD £10,000.00 Labour Party Bolton South East CLP
24/02/2010 Bestway Cash & Carry Ltd, 2 Abbey Road £50,000.00 Conservative Party Central Party
10/11/2010 Bestway Cash & Carry Ltd, 2 Abbey Road £4,000.00 Conservative Party Central Party
02/03/2011 Bestway Cash & Carry Ltd, 2 Abbey Road £50,000.00 Conservative Party Central Party
18/05/2011 Bestway Cash & Carry Ltd, 2 Abbey Road £7,000.00 Conservative Party Central Party
03/11/2011 Bestway (Northern) Limited, 2 Abbey Road £5,000.00 Liberal Democrats Borough of Brent
11/11/2011 Bestway Cash & Carry Ltd, 2 Abbey Road £9,000.00 Conservative Party Central Party
02/03/2012 Bestway Cash & Carry Ltd, 2 Abbey Road £4,500.00 Conservative Party Central Party
02/03/2012 Bestway Cash & Carry Ltd, 2 Abbey Road £57,450.00 Conservative Party Central Party
28/06/2012 Bestway Cash & Carry Ltd, 2 Abbey Road £10,000.00 Conservative Party Central Party
09/08/2012 Bestway Cash & Carry Ltd, 2 Abbey Road £5,000.00 Conservative Party Gillingham and Rainham
22/03/2013 Bestway Cash & Carry Ltd, 2 Abbey Road £59,000.00 Conservative Party Central Party
30/08/2013 Bestway Northern Ltd, Bestway Northern Ltd £10,000.00 Conservative Friends of Pakistan
05/07/2013 Bestway Cash & Carry Ltd, 2 Abbey Road £7,500.00 Conservative Party Central Party
31/03/2014 Bestway Cash & Carry Ltd, 2 Abbey Road £57,500.00 Conservative Party Central Party
03/07/2014 Bestway Cash & Carry Ltd, 2 Abbey Road £7,500.00 Conservative Party Central Party
[3]


Notes

  1. Dominic Midgley Anwar Pervez: The Billionaire cash and carry King, Express, 21 July 2014, accessed 16 February 2015
  2. David Leigh, James Ball, Juliette Garside and David Pegg HSBC files show Tories raised over £5m from HSBC Swiss account holders The Guardian, 11 February 2015, accessed 16 February 2015
  3. Electoral Commission, Donation Search, accessed 16 February 2015