Independent – A spotlight has been thrown on the Conservative Party’s close links with the hedge fund industry, as new research showed that around half of the wealthiest fund managers in Britain have given money to the Tory party, and Labour accused David Cameron of fashioning government tax policy in the interests of the sector.
The revelation of the large political donations from ultra-wealthy money managers coincided with a stark warning from the Archbishop of Canterbury, Justin Welby, that “with wealth comes power and with power comes a temptation to misuse power”.