Hedge funds give Conservatives more than £55 million
This cartoon by David Simonds, from The Guardian, illustrates the problem – fat-cat businesses back Cameron while the working-class poor can only watch while they starve.
Latest figures from the Electoral Commission reveal that in the last quarter (Q4 2014) hedge funds gave the Tories almost £2 million in donations, which means donations from the hedge fund industry to the Conservative Party now total more than £55 million, according to the Labour Party.
Hedge funds were given a tax cut worth £145m by George Osborne in 2013, and were offered hundreds of millions of pounds worth of shares in the Royal Mail when part of that national asset was sold off by the money-grubbing Coalition for a fraction of what it was worth.
Analysis of Conservative Party donations shows that almost £4 million of donations in the last quarter came from donors who have attended exclusive private dinners with David Cameron and other senior Ministers, taking the total to £11.65m from dinner donors in 2014
“The Tories are now the political wing of the hedge fund industry, said Labour’s shadow Cabinet Office minister, Jonathan Ashworth.
“The Tory election campaign is increasingly reliant on those who dine exclusively at the Prime Minister’s top table and a select few from the world of finance.
“While this government has made working people worse off, hedge funds and millionaires have been given a tax break by David Cameron.
“The Tories’ plan is failing working families because their priority has been to help a few at the top. The choice at this election has now been crystallised: This government’s failing plan which puts hedge funds and vested interests first, or a better future built on the success of working families and raises living standards for all.”
Who can argue with that?
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Crooked are they that rule crooked are their ways lets see if if now they bay unions unions pay labours way but strangley why aint the plebs shouting out about this they should all be locked up for their crimes has they are now criminalising government deals which should never be happening jeff3
This is corruption on a grand scale.
I’m still waiting for George to explain!
I hope a future government does bring in legislation to cap donations to political parties. Nowadays we seem to have adopted a US-style system where big business can buy elections.
Camorons past too holds many very dark secrets:
http://www.veteranstoday.com/2015/02/08/the-color-of-david-camerons-underwear/