Friday, 14 February 2014

Fidelity bungs the Tories another £75,000

A quick update on "generally non-partisan" fund manager Fidelity. A quick look on the Electoral Commission register of donations reveals that they gave the Tories £75,000 during 2013, comprising three donations of £25k in April, August and November. This compares to £100,000 donated during the year before.

The drop in donations probably doesn't mean a lot, they seem to be a bit erratic. Also, if previous experience is anything to go by, we might see their donations rise quite a bit this year to help fund the Tories' 2015 campaign. In the year up to the 2010 general election Fidelity gave the Tories £300,000.

Also worth keeping a eye on Caledonia Investments. They have previously sought shareholder approval to make donations to the Tories. But I wonder if the Cayzer family are the sort who might switch to UKIP? Or simply give up of the Tories?

1 comment:

John Gray said...

Hi Tom

Have you seen this?