Major investor in Scotland’s spaceport banned from being company director

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SUNDAY MAIL EXCLUSIVE: Michael Haston was lauded when his private equity firm took a multi-million pound stake in the government-backed rocket launch centre on Shetland in 2020.

A self-proclaimed “wonderkid” exposed by the Sunday Mail after becoming a major investor in Scotland’s space port has been banned from being a company director.

Dozens of people lost millions after investing in a finance company run by Haston, who also goes by the name Michael McQueen. The 60-year-old said: “My wife and I gave £60,000 – it was everything we had. We thought we would get a decent little income from it.” Attempts were made to contact Haston who now has no involvement in the SaxaVord Space Port.

 

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