Why?
The Conservative Party has become reliant on bankers, hedge fund managers and private equity moguls for more than half its annual income, an independent analysis of Tory finances has revealed. Since David Cameron became Conservative leader in December 2005, the amount of money the City has given to bankroll the Tories has gone up fourfold, to £11.4m a year. Over those five years, the City has donated more than £42m to the party.
The research, conducted by the Bureau of Investigative Journalism, highlights how reliant the party has become on the City at a time when David Cameron and George Osborne are under pressure to reform the financial sector.
Since Mr Cameron assumed the leadership, the Conservative Party has become twice as dependent on City funding: from 25 per cent of its total donations to nearly 51 per cent in 2010.
So when he says he is standing up for Britain... check your wallet.
