{"id":118263,"date":"2023-09-05T20:28:00","date_gmt":"2023-09-05T20:28:00","guid":{"rendered":"https:\/\/leviolonrouge.com\/?p=118263"},"modified":"2023-09-05T20:28:00","modified_gmt":"2023-09-05T20:28:00","slug":"much-needed-boost-for-rishi-sunak-as-tycoon-coughs-up-5m-for-tory-war-chest","status":"publish","type":"post","link":"https:\/\/leviolonrouge.com\/politics\/much-needed-boost-for-rishi-sunak-as-tycoon-coughs-up-5m-for-tory-war-chest\/","title":{"rendered":"Much-needed boost for Rishi Sunak as tycoon coughs up \u00a35m for Tory war chest"},"content":{"rendered":"
Rishi Sunak has received a much-needed boost amid multiple political crises eating away at Tory support.<\/p>\n
A Leeds-based tech tycoon, Frank Hester, is reported to have handed the Conservative Party a single \u00a35 million donation.<\/p>\n
The sum is one of the largest in the party\u2019s recent history, with an equal amount being given to Mr Sunak in June by Egyptian-born billionaire Mohamed Mansour – at the time, the largest single donation since 2001.<\/p>\n
The party\u2019s income was hit dramatically amid the chaos of Boris Johnson and Liz Truss, resulting in Labour now significantly out-raising the Tories.<\/p>\n
Accounts published by the Electoral Commission last month showed Labour raised \u00a32.7 million more than it spent in the year to December 2022.<\/p>\n
READ MORE: <\/strong> SNP membership crisis blamed on cost of living, with 30,000 drop in one year<\/strong><\/p>\n <\/p>\n The Tories, meanwhile, were in a \u00a32.4 million deficit over the same period.<\/p>\n Sky News reported the major boost to the Tory war chest, saying it is expected to be published by the Electoral Commission later this week.<\/p>\n Just last week, Labour raised questions about top Tory donor Frank Hester, after it emerged he\u2019d won a Government contract worth nearly \u00a3150,000 and later donated an almost identical sum to Mr Sunak\u2019s party.<\/p>\n Documents seen by the Mirror showed no other companies were invited to bid for the contract.<\/p>\n Shadow Health Minister Andrew Gwynne said it was \u201cyet another example of a Tory Party mired in sleaze. That a private healthcare company gave the Tory Party hundreds of thousands in donations after receiving a contract with no competition raises serious questions\u201d.<\/p>\n Don’t miss… <\/strong> <\/p>\n We use your sign-up to provide content in ways you’ve consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time. More info<\/p>\n A spokesman from TPP said Mr Hester should have made the donations “in a personal capacity” and said it is \u201capolitical”.<\/p>\n They clarified he repaid the company in full.<\/p>\n TPP is \u201ca leading global provider of healthcare technology\u201d, providing \u201cvital clinical IT services in\u2026 more than 2,600 GP practices\u201d.<\/p>\n Mr Hester was awarded an OBE in 2015 for services to healthcare.<\/p>\n The Sunday Times\u2019 Rich List estimated Mr Hester\u2019s wealth at \u00a3415 million, ranking him in joint 321st place, compared to Mr and Mrs Sunak\u2019s \u00a3529 million.<\/p>\n A hedge fund also gave the Tories \u00a31 million earlier this year.<\/p>\n The party has seen a significant reduction in donations since removing Boris Johnson as leader.<\/p>\n Labour has also picked up the former boss of Autoglass as a new donor, giving them up to \u00a35 million this year.<\/p>\n A Conservative Party spokesman declined to comment.<\/p>\n
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