Tories' financial chiefs named
Others coming to the aid of the party as members of its new board of treasurers are Sir Malcolm Chaplin, a member of the executive of the National Union, the party's voluntary wing; David Davies, chairman of Johnson Matthey plc; Sir Nigel Mobbs, chairman of Slough Estates plc; Tim Smith MP, an accountant and party vice-chairman; and Anthony Weldon, a director of N P Record plc.
Charles Hambro, chairman of Hambros plc and senior Tory party treasurer, will chair the board. Sir Philip, chairman and chief executive of Carpetright plc, is to be his deputy.
The board was created in February with the express function of boosting party income by supervising and organising fund-raising.
Sir Malcolm and Mr Smith apart, board members hold numerous additional company directorships. They will be expected to exploit their considerable connections and influence to ensure that the 1996 target for balancing Central Office's books is met.
Sir Norman Fowler, the party chairman, said yesterday that while Central Office spending no longer exceeded income, the pounds 19m deficit had still to be tackled.
- 1 Cara Delevigne addresses awkward interview on Good Day Sacramento
- 2 Model's video shoot on the beach interrupted by sudden landing of a group of illegal migrants
- 3 The difference between a psychopath and a sociopath
- 4 MH370: Boeing 777 wing that could match missing plane found on the French island of Reunion
- 5 Living in Spain and commuting to London 'cheaper than actually working in London'
Kate Winslet thanked 'particularly horrible' girl who bullied her at school after Titanic success
Israel accused of killing 75 children during day of 'carnage' and war crimes in Gaza war
Australia to impose 24-hour curfew on all cats to protect endangered species
Walter Palmer: Cecil the lion killer revealed to be American dentist
MH370: Boeing 777 wing that could match missing plane found on the French island of Reunion
Yvette Cooper: Our choice is years of Tory rule under Jeremy Corbyn – or a return to a Labour government
Labour leadership contender Jeremy Corbyn says 'we can learn a great deal from Karl Marx'
I am the Jeremy Corbyn supporter that many will tell you doesn't exist
Public anger after French sunbather beaten up by gang for wearing a bikini in Reims park
Labour leadership: New poll shows party is now even 'less electable' than under Ed Miliband
Calais crisis: For desperate migrants it is 'England or death' as they brave dogs, riot police and speeding trains
£30 to £32k : Guru Careers: We are seeking a Trainer / IT Trainer to join an a...
£25000 - £35000 per annum: Recruitment Genius: This privately owned Fencing Co...
£17000 - £22000 per annum: Recruitment Genius: If you answer yes, this company...
£18000 - £25000 per annum: Recruitment Genius: This world leader in Online Pro...