Support 100 years of independent journalism.

  1. Politics
19 April 2007

Follow the money

The Tory who lent David Cameron's party millions but pays no tax and retains his peerage

By Martin Bright

So Lord Laidlaw, who lent the Tories £3.5 million, is refusing to give up his tax exile status (he lives in Monaco) despite that being a condition of his peerage. The best piece on this is by David Hencke in the Guardian.

To his credit David Cameron has told his renegade peer to get his act together, but, as I understand it, there is nothing anyone can do if Laidlaw chooses to remain a tax exile and a Lord. As I wrote in this week’s New Statesman the Tories and their money should become an increasingly fruitful avenue for exploration by journalists. Interesting, though, that this doesn’t seem to have come from the Labour Party, who are still hamstrung by the Prime Minister’s own issues with party funding.

Select and enter your email address Quick and essential guide to domestic and global politics from the New Statesman's politics team. A weekly newsletter helping you fit together the pieces of the global economic slowdown. The New Statesman’s global affairs newsletter, every Monday and Friday. The best of the New Statesman, delivered to your inbox every weekday morning. The New Statesman’s weekly environment email on the politics, business and culture of the climate and nature crises - in your inbox every Thursday. Our weekly culture newsletter – from books and art to pop culture and memes – sent every Friday. A weekly round-up of some of the best articles featured in the most recent issue of the New Statesman, sent each Saturday. A newsletter showcasing the finest writing from the ideas section and the NS archive, covering political ideas, philosophy, criticism and intellectual history - sent every Wednesday. Sign up to receive information regarding NS events, subscription offers & product updates.
  • Administration / Office
  • Arts and Culture
  • Board Member
  • Business / Corporate Services
  • Client / Customer Services
  • Communications
  • Construction, Works, Engineering
  • Education, Curriculum and Teaching
  • Environment, Conservation and NRM
  • Facility / Grounds Management and Maintenance
  • Finance Management
  • Health - Medical and Nursing Management
  • HR, Training and Organisational Development
  • Information and Communications Technology
  • Information Services, Statistics, Records, Archives
  • Infrastructure Management - Transport, Utilities
  • Legal Officers and Practitioners
  • Librarians and Library Management
  • Management
  • Marketing
  • OH&S, Risk Management
  • Operations Management
  • Planning, Policy, Strategy
  • Printing, Design, Publishing, Web
  • Projects, Programs and Advisors
  • Property, Assets and Fleet Management
  • Public Relations and Media
  • Purchasing and Procurement
  • Quality Management
  • Science and Technical Research and Development
  • Security and Law Enforcement
  • Service Delivery
  • Sport and Recreation
  • Travel, Accommodation, Tourism
  • Wellbeing, Community / Social Services
I consent to New Statesman Media Group collecting my details provided via this form in accordance with the Privacy Policy

Content from our partners
Why competition is the key to customer satisfaction
High streets remain vitally important to local communities
The future of gas