Tories auction off City internships to raise funds

Supporters pay thousands to get their children work experience in hedge funds and banks.

The Conservative Party banned the press from its Black and White Party (it used to be a "ball"), but that hasn't stopped the news leaking that it raised funds there by auctioning work experience opportunities with banks and hedge funds.

The Mail on Sunday reports that lots at the £400-a-head party included five internships at City firms, which raised £14,000 in all. The Labour MP Tom Watson told the Mail: "This is a crass example of rich Tories buying privilege. Most young people could only dream of this opportunity. The Conservatives flog them like baubles and fill their coffers with the profits. It is obscene."

Andrew Marr commented on his show this morning: "This money is going to be used by the Conservative Party, presumably, to tell us we're all in it together."

His guest Mark Malloch Brown added: "They have to be really careful, because their only way to get through the next few years is maintaining that assertion – we're all in it together – and the more . . . that gets breached, this kind of rich person's club, buying internships at hedge funds gets exposed, the harder it's going to be to promote this One-Nation coalition government."

The Tory party refused to comment to the Mail on Sunday, saying that the event was a private one.

Helen Lewis is deputy editor of the New Statesman. She has presented BBC Radio 4’s Week in Westminster and is a regular panellist on BBC1’s Sunday Politics.

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“Trembling, shaking / Oh, my heart is aching”: the EU out campaign song will give you chills

But not in a good way.

You know the story. Some old guys with vague dreams of empire want Britain to leave the European Union. They’ve been kicking up such a big fuss over the past few years that the government is letting the public decide.

And what is it that sways a largely politically indifferent electorate? Strikes hope in their hearts for a mildly less bureaucratic yet dangerously human rights-free future? An anthem, of course!

Originally by Carly You’re so Vain Simon, this is the song the Leave.EU campaign (Nigel Farage’s chosen group) has chosen. It is performed by the singer Antonia Suñer, for whom freedom from the technofederalists couldn’t come any suñer.

Here are the lyrics, of which your mole has done a close reading. But essentially it’s just nature imagery with fascist undertones and some heartburn.

"Let the river run

"Let all the dreamers

"Wake the nation.

"Come, the new Jerusalem."

Don’t use a river metaphor in anything political, unless you actively want to evoke Enoch Powell. Also, Jerusalem? That’s a bit... strong, isn’t it? Heavy connotations of being a little bit too Englandy.

"Silver cities rise,

"The morning lights,

"The streets that meet them,

"And sirens call them on

"With a song."

Sirens and streets. Doesn’t sound like a wholly un-authoritarian view of the UK’s EU-free future to me.

"It’s asking for the taking,

"Trembling, shaking,

"Oh, my heart is aching."

A reference to the elderly nature of many of the UK’s eurosceptics, perhaps?

"We’re coming to the edge,

"Running on the water,

"Coming through the fog,

"Your sons and daughters."

I feel like this is something to do with the hosepipe ban.

"We the great and small,

"Stand on a star,

"And blaze a trail of desire,

"Through the dark’ning dawn."

Everyone will have to speak this kind of English in the new Jerusalem, m'lady, oft with shorten’d words which will leave you feeling cringéd.

"It’s asking for the taking.

"Come run with me now,

"The sky is the colour of blue,

"You’ve never even seen,

"In the eyes of your lover."

I think this means: no one has ever loved anyone with the same colour eyes as the EU flag.

I'm a mole, innit.