Wednesday, February 09, 2011
Pope takes Mass...
some bears in a wood.
....The latest research from the Bureau details for the first time the full extent of Square Mile donations given to the Tories. It reveals that the percentage of donations from companies and individuals connected to the financial services industry has now reached more than half.
Last year City money made up 50.8% of all Conservative Party donations, a leap from 25% five years previously, when Cameron and Osborne took over the helm.
The City has donated a total of £42.76m since 2005. Last year City money accounted for £11.4m, compared with £2.75m when Cameron took over.
The revelation comes as the Chancellor’s move to increase a levy on banks was criticised for being inadequate....