At a time of renewed attack on the Union-Labour link (from inside and outside of the labour party), it is worth noting yesterday’s FT report that the ‘Conservative party has attracted a surge in donations from London’s Square Mile, with funding from financiers and City firms accounting for more than half of the £22.5m the party pulled in last year’:
http://www.ft.com/cms/s/0/132d302c-33c1-11e0-b1ed-00144feabdc0.html#axzz1DXS2sTAz
As the Committee on Standards in Public Life concludes its inquiry into party political finance with a final hearing in London next Tuesday, don’t hold your breath waiting for it expose let alone outlaw the symbiotic relationship between the City and the Tories. Be equally sure that it will recommend that a collective financial association between trade unions and the labour party be ended: http://www.public-standards.org.uk/
