​A charitable organisation set up by the founder of building company Redrow has given £55,000 ($76,000) towards a new lifeboat at the North Wales seaside resort of Rhyl, boosting the total amount raised to £100,000. The increased speed of 25 knots as against 17 knots for the current Mersey class lifeboat on Station at Rhyl mean that casualties can be reached sooner in desperate situations where conditions are rapidly deteriorating. The housebuilder is based locally, and its founder established the Steve Morgan Foundation to help local communities. The foundation was founded in 2011 with an initial donation from the late British businessman Sir Stephen Morgan, who died last year.
​A charitable organisation set up by the founder of building company Redrow has given £55,000 ($76,000) towards a new lifeboat at the North Wales seaside resort of Rhyl, boosting the total amount raised to £100,000. The housebuilder is based locally, and its founder established the Steve Morgan Foundation to help local communities. The foundation was founded in 2011 with an initial donation from the late British businessman Sir Stephen Morgan, who died last year.