Feeds

Generalissimo Blairo 'fesses up on loans

Two IT chiefs among loans-for-lordships scandal

Build a business case: developing custom apps

The executive chairman of Capita and a boss of London Bridge software are among those named today for lending the Labour Party some £14m.

Because the money was lent, rather than donated, it was free of the usual rules governing donations. The banana republic behaviour was kept secret from the party treasurer Jack Dromey - he launched a furious attack on Blair and "Number Ten" last week.

Rod Aldridge's donation, although private, has been singled out because Capita runs dozens of big public sector IT projects. It provides the technology to collect the London congestion charge, runs IT services for 21 local authorities, and has re-tendered for a £120m contract with the DTI. Aldridge, who is an OBE, has said the loan was personal and he expected to receive commercial rates of interest when it was repaid.

Gordon Crawford, chairman of London Bridge Software, is the other IT figure named - he lent the party £500,000.

Science minister Lord Sainsbury has also been named - he lent the party £2m. Tory Treasurer Jonathan Marland, interviewed on Newsnight, refused to name the people his party borrowed money from. The Tories are believed to have borrowed as much as £20m.

General Blairo came to power on an anti-corruption ticket in 1997. Since then, with the help of Tessa Jowell and others, he has reclaimed sleaze, which was the birthright of dishonest Tories.

Funding of political parties will now be investigated by Sir Hayden Philips, which could lead to some state funding. The party's National Executive is also meeting to discuss the matter.

More from the BBC here and the FT here. ®

Boost IT visibility and business value

More from The Register

next story
'Stop dissing Google or quit': OK, I quit, says Code Club co-founder
And now a message from our sponsors: 'STFU or else'
Top beak: UK privacy law may be reconsidered because of social media
Rise of Twitter etc creates 'enormous challenges'
Uber, Lyft and cutting corners: The true face of the Sharing Economy
Casual labour and tired ideas = not really web-tastic
Ex US cybersecurity czar guilty in child sex abuse website case
Health and Human Services IT security chief headed online to share vile images
Don't even THINK about copyright violation, says Indian state
Pre-emptive arrest for pirates in Karnataka
The police are WRONG: Watching YouTube videos is NOT illegal
And our man Corfield is pretty bloody cross about it
Oz biz regulator discovers shared servers in EPIC FACEPALM
'Not aware' that one IP can hold more than one Website
prev story

Whitepapers

Gartner critical capabilities for enterprise endpoint backup
Learn why inSync received the highest overall rating from Druva and is the top choice for the mobile workforce.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Rethinking backup and recovery in the modern data center
Combining intelligence, operational analytics, and automation to enable efficient, data-driven IT organizations using the HP ABR approach.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
Next gen security for virtualised datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.