Feeds

Alan Sugar gives Labour £200k

Puts money where mouth is

  • alert
  • submit to reddit

Intelligent flash storage arrays

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

Top 5 reasons to deploy VMware with Tegile

More from The Register

next story
WHY did Sunday Mirror stoop to slurping selfies for smut sting?
Tabloid splashes, MP resigns - but there's a BIG copyright issue here
Spies, avert eyes! Tim Berners-Lee demands a UK digital bill of rights
Lobbies tetchy MPs 'to end indiscriminate online surveillance'
How the FLAC do I tell MP3s from lossless audio?
Can you hear the difference? Can anyone?
Inequality increasing? BOLLOCKS! You heard me: 'Screw the 1%'
There's morality and then there's economics ...
Google hits back at 'Dear Rupert' over search dominance claims
Choc Factory sniffs: 'We're not pirate-lovers - also, you publish The Sun'
EU to accuse Ireland of giving Apple an overly peachy tax deal – report
Probe expected to say single-digit rate was unlawful
While you queued for an iPhone 6, Apple's Cook sold shares worth $35m
Right before the stock took a 3.8% dive amid bent and broken mobe drama
prev story

Whitepapers

A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Beginner's guide to SSL certificates
De-mystify the technology involved and give you the information you need to make the best decision when considering your online security options.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.