- Dec 18, 2014
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yep sounds a really corrupt sort of guy......................More Tory Cronyism. At least this has made it clear how much it costs to get a peerage - £500k
Billionaire donates £500k to Tories - days after Boris Johnson makes him a Lord
Boris Johnson overruled the House of Lords Appointments Commission to give Peter Cruddas a seat in the Lords. Now the billionaire tycoon has given the Tories his largest donation yetwww.mirror.co.uk
Cruddas has stated his intention to give away £100 million to enable children who have a background like his to succeed. To achieve this he set up the Peter Cruddas Foundation in 2006 (charity number 1117323 and limited company by guarantee No 5940210), which is chaired by the former Conservative cabinet minister David Young, Baron Young of Graffham.[6] The other Trustees are Cruddas and Martin Paisner, a consultant partner in the law firm Berwin Leighton Paisner. The foundation provides cash grants who help disadvantaged and disengaged young people in the UK aged 14 to 30 into education, training and employment.
Cruddas is the largest individual donor to the Duke of Edinburgh Award International Association, a board member of the Prince's Trust,[17] and has donated to Great Ormond Street Hospital.[1]
Cruddas supported the Royal Opera House and The Royal Ballet, and after becoming a member of the Chairman’s Circle, in March 2012 was invited to become a Trustee and join the Board of the Royal Opera House