Does the City of London have the Conservative party in its pocket? Tracking how much financiers have donated to the Tories.
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Fifty City donors paid over £50,000 in the 12-month period covered by our study – which would gain them a face-to-face meeting with David Cameron as possible members of the Conservative party’s Leader’s Group.
The hedge fund industry, the largest contributor across all business sectors, donated £1.38m (11.4%) to Central Office.
Financiers were the second-biggest group of Conservative Party donors from all business sectors, accounting for £1.3m. T
Outside the City, the sector that donated the most to the Conservatives was industry, including manufacturing and defence. This sector contributed £913,411 (7.5%).