UNISONActive is an unofficial blog produced by UNISON activists for UNISON activists. Bringing news, briefings and events from a progressive left perspective.

Sunday 2 October 2011

The Conservative Party is a partly-owned subsidiary of the Banking elite

Discredited hedge funds, financiers and private equity firms contributed more than a quarter of all donations to the Tory Party in the past year according to research by the Bureau of Investigative Journalism. These ill gotten gains added to donations from other City of London firms made up over 51% of Tory party donations, leading the report's authors to conclude that 'the City’s financial influence over the Tories has deepened in the past 12 months':  http://www.thebureauinvestigates.com/2011/09/30/hedge-funds-financiers-and-private-equity-tycoons-make-up-27-of-tory-funding/