Labour Leader's Office Fund
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The Labour Leader's Office Fund was a
blind trust A blind trust is a trust in which the trust beneficiaries have no knowledge of the holdings of the trust, and no right to intervene in their handling. In a blind trust, the trustees (fiduciaries, or those who have been given power of attorney) h ...
established and run by
Lord Levy Michael Abraham Levy, Baron Levy, (born 11 July 1944) is a Labour Party peer. He is a former chartered accountant and was chairman and CEO of a large independent group of music companies. He now acts as a consultant for a number of companies a ...
to finance
Tony Blair Sir Anthony Charles Lynton Blair (born 6 May 1953) is a British former politician who served as Prime Minister of the United Kingdom from 1997 to 2007 and Leader of the Labour Party from 1994 to 2007. He previously served as Leader of th ...
's work in opposition before the 1997 general election. Contributors to it included the
millionaire A millionaire is an individual whose net worth or wealth is equal to or exceeds one million units of currency. Depending on the currency, a certain level of prestige is associated with being a millionaire. In countries that use the short scal ...
s Sir Trevor Chinn, Sir Emmanuel Kaye, Alex Bernstein and Bob Gavron, the latter two of whom later received
peerage A peerage is a legal system historically comprising various hereditary titles (and sometimes non-hereditary titles) in a number of countries, and composed of assorted noble ranks. Peerages include: Australia * Australian peers Belgium * Belgi ...
s.


Quotes about the fund

* "While it does not necessarily follow that the scheme was anything other than the model of probity, there is at least an argument that
Lloyd George David Lloyd George, 1st Earl Lloyd-George of Dwyfor, (17 January 1863 – 26 March 1945) was Prime Minister of the United Kingdom from 1916 to 1922. He was a Liberal Party (United Kingdom), Liberal Party politician from Wales, known for lea ...
knew its father." — David Osler, author of ''Labour Party PLC: New Labour as a Party of Business''. (Lloyd George was infamous for selling honours in the early 20th century.)For details see Pinto-Duschinsky, Michael: ''British Political Finance, 1830-1980'', Washington, DC: American Enterprise Institute, 1981, pp. 44, 54-58, 86-88, 116-119


See also

*
Political funding in the United Kingdom Political funding in the United Kingdom has been a source of controversy for many years. Political parties in the UK may be funded through membership fees, party donations or through state funding, the latter of which is reserved for administrative ...


References


Further reading

* Wills and trusts in the United Kingdom History of the Labour Party (UK) Tony Blair Political funding in the United Kingdom Labour Party (UK) donors {{UK-poli-stub