Alan Sugar gives Labour £200k
Print storyPuts money where mouth is
Posted in Business, 21st May 2001 15:50 GMT
Increase your knowledge of the latest threats to your busines
Alan Sugar has given £200,000 to the Labour party's election campaign.
The donation from the Amstrad chairman, formerly a staunch Tory supporter, was announced by Labour HQ today.
"As a businessman at election time, it is essential to me to support a party whose proposed economic policies are most beneficial for the country as a whole," said Sugar.
"I was a tremendous supporter of Margaret Thatcher. However, after her departure the Conservatives lost their way."
Sugar has been shelling out to Labour since 1997, and was one of the 58 business leaders involved in the letter sent to The Times last week to try and rally support for the party among the business community.
"It is just not good enough to support in principle; one has to ensure the party you want to run the country is given enough opportunity to achieve victory," he added.
The Conservatives today also set about polishing up their battle plan by publishing their own list of supporters from the business world. Signatories of the letter, sent to the Daily Telegraph, included Dixons CEO Sir Stanley Kalms. ®
Related Stories
Young voters recognise Lara Croft more than Robin Cook
Alan Sugar cries cos he's called a miser
See what The Register's experts have to say on application security
The future of SaaS and IT infrastructure management
Can Outsiders Enhance Exchange?
The Total Economic Impact of Dell's PC products and services
The best practices guide for application security
Reducing messaging and web security costs with managed services
Win a Samsung C6625!
Is your cameraphone an oxymoron?
Reg Mobile and Wireless newsletter is go! go! go!
Sign up, sign up for The Register IT security newsletter