Honours for party donors risks ‘disrepute’
The honours system is at risk of being brought into “disrepute” by rewarding wealthy individuals who donate money to political parties, the standards watchdog has warned.
Sir Christopher Kelly, the chairman of the Committee on Standards in Public Life, called for reform of the rules on party funding to avoid damaging confidence in politics. His comments, came after four millionaire Tory donors received awards in the New Year honours list.
They included knighthoods for hedge fund tycoon Paul Ruddock and package holiday entrepreneur Doug Ellis, and CBEs for investment banker James Lupton and construction magnate James Wates. Two major Labour donors, Capita boss Rod Aldridge and the founder of online gambling firm bet365, Denise Coates, were also honoured at the weekend.
Sir Christopher said: “It implies corruption even when there isn’t any. It is unsatisfactory.”