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The Tories have an ‘unhealthy financial reliance’ on property developers, report finds
More than a fifth of all donations to the party over the past decade have come from the residential property sector, Transparency International reveals
Prime Minister Boris Johnson (centre) talks with Chief Executive Officer of Eco-Bos Maher Maksoud (left) and Chief Development Officer of Eco-Bos Dorian Beresford (right) during a visit to the West Carclaze Garden Village housing development in St Austell, ahead of the G7 summit in Cornwall, in June 2021
Parliamentary reporter @TrinderMatt
THE Tories have an unhealthy financial reliance on property developers, a report revealed today, with more than a fifth of all party donations since 2010 coming from the residential property sector.
Labour called for urgent reforms to donation rules after a probe by anti-corruption group Transparency International found “a real risk of aggregative corruption” in government policy.
Private renters make up almost a fifth of all British households, but there was “a notable absence of tenants at the table” when decisions were made, the group said, making bold action on the housing crisis less likely.
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It is rather strange that Labour continues to give prestigious roles to inappropriate, controversy-mired businessmen who are also major Tory donors. What could Labour possibly be hoping to get out of it, asks SOLOMON HUGHES
