While today David Cameron was set to prompt business leaders to increase the pay of ordinary Britons, last night he was encouraging them to spend hundreds of thousands of pounds on private jet getaways to Italy, Swiss chalets, pheasant shooting trips – and signed copies of George Osborne’s budget.
Those were just some of the lots that featured in a silent auction at the Tory party’s Black and White gala, its final fundraiser before the start of the election campaign.
Party donors had already paid up to £15,000 per table for a place at the secretive event, where dinner was scheduled to go on for three-and-a-half hours with speeches by Mr Cameron and the Conservative chair Lord Feldman.
According to Buzzfeed News, the star lot in the auction was a luxury trip for two to Santorini, Italy, including champagne breakfast, private spa and chef and a “carefully stocked wine cellar” – sold to one donor for £220,000.
Lot 2 was a bronze scale model of the statue of Margaret Thatcher that stands outside the House of Commons – though less than 20cm tall, it reportedly went for £210,000.
Major donors to the Conservative Party
Major donors to the Conservative Party
1/10 Michael Farmer
Hedge fund: RK Capital Management Worth: £150m Total donation: £6,556,092
2/10 Sir Michael Hintze
Hedge fund: CQS Worth: £1,055m Total donation: 3,221,027
3/10 Lord Fink
Hedge fund: ISAM Worth: £130m Total donation: £3,172,007
4/10 Chris Rokos
Hedge fund: Brevan Howard (pictured) Worth: £230m Total donation: £1,344,850
Google Street View
5/10 Andrew Law
Hedge fund: Caxton Associates Worth: £350m Total donation: £1,226,411
6/10 Sir Paul Ruddock
Hedge fund: Lansdowne Partners Worth: £300m Total donation: £818,783
7/10 David Harding
Hedge fund: Winton Capital Worth: £750m Total donation: £593,765
8/10 Hugh Sloane
Hedge fund: Sloane Robinson Worth: £185 Total donation: £533,500
9/10 Sir John and Peter Beckwith (L)
Hedge fund: RiverCrest Capital Worth: £350m Total donation: £520,996
10/10 Alexander Knaster
Hedge fund: Pamplona Capital Management Worth: £1,266m Total donation: £400,000
Conservative donors, whose ranks include almost half of the country’s richest hedge fund managers, were also offered a number of lots giving them exclusive access to government ministers.
They included “shoe shopping with Theresa May”, breakfast and “an early morning 5k run” with the Education Secretary, Nicky Morgan, and an optimistically named “10k Iron Man Endeavour” with Iain Duncan Smith.
Some people on social media have expressed outrage at the apparent profligacy of the auction at a time when the Prime Minister has overseen what the TUC’s Frances O’Grady called “the worst fall in living standards since Queen Victoria was on the throne”.
Kevin Blowe wrote on Twitter that the items represented “obscene expense”, while user @LUBOttom said it “sums up how they can play with life changing money”.
A Twitter user called Ben wrote sarcastically: “The Tories are really just so much like the working public it’s uncanny..”
Libby Tillman wrote: “It tells me all I need to know about the Tories that supporters spend more than I earn in a year for a seat at a fundraising dinner.”
The Tories are really just so much like the working public its uncanny.. http://t.co/2ayfz9VhIc— Ben (@bennyboyafc) February 10, 2015
Retweet if you think hell will freeze over before the Tories will tackle the tax avoidance of them and their wealthy friends #HMRC— Marcus Chown (@marcuschown) February 10, 2015
Andrew Spooner said: “The Tories are SO out of touch & so remote from the travails of ordinary British people they are now satirising themselves.”
“Amazing obscene excess!” said Patricia Farrington. “Tories deserve contempt for these excesses when people struggle to eat or heat homes. Disgusting Tory arrogance.”
Barry McCulloch, from Scottish business organisation FSB, said simply: “Shoe shopping. Dear god.”Reuse content