March 9th, 2011

Caring Labour Lender Donating Interest to Tories

Sir Richard Caring lent Labour £2 million back  during the loans-for-lordships era under Blair. He didn’t collect a peerage but he has been collecting 6.5% interest on the loan, or some £130,000 a year. That is roughly £2-a-year from each and every single Labour Party member.

With the Tories now in power he has switched and donated £140,000 to them. Guido thinks it a deliciously witty joke to donate the Labour Party’s interest payments to the Conservative Party’s treasure chest…

Hat-tip: David Hencke


131 Comments

  1. 1
    Billy Bowden is the greatest umpire ever ! says:

    He should sue the labour party.

  2. 2
    smoggie says:

    No point, they’re broke.

  3. 3
    Billy Bowden is the greatest umpire ever ! says:

    For not getting his Lordship, Would be a intresting court case…..

  4. 4
    Old Proverb says:

    What goes around comes around

  5. 5
    Ampers says:

    Guido, thanks for this, it has…

    MADE MY DAY!!!

  6. 6
    Ken Lorp says:

    I like his style. Labour funding the Conservative party – you know it makes sense!

  7. 7
    Anonymous says:

    LOLOLOLOLOL

  8. 8
    Billy Bowden is the greatest umpire ever ! says:

    Serious point, what would happen if Labour went Banr*pt? Surely ther woiuld just reform under a new name/brand/company?

  9. 9
    Grumpy Old Man says:

    Absolutely delicious. Now all Sir Richard has to do is call in the loan at the most inconvenient time for Labour – along with the other 6 of the Magnificent 7. The thought of the Looting Parteh being wholly owned by the unions will keep me warm in bed of nights and considerably increase my personal happiness quotient.

  10. 10
    Mine d'Boggles says:

    Tat’s dedication: Shop worker has ‘I love Argos’ permanently inked on his leg

    Daily Mail today

  11. 11
    smoggie says:

    Unite under a new brand name.

  12. 12
    Mulberry's Harbour says:

    Can someone let me know if this is correct. Labour has costs to run their party and so have a banking overdraft facility. However, to ensure that they make payments to the overdraft facility they also borrow money from companies and individuals. How are they going to repay the companies and individuals? Is this a debt spiral?

    I assume they will have to rely on the Unions even more!!!

  13. 13
    Grumpy Old Man says:

    You’ve got it in one. Labour run their finances the way they ran the Country for 13 years- Macawber Economics, or “something will turn up”.

  14. 14
    Gordon McBust says:

    What like ‘Nu Nu Liebour’? Still the same bunch of useless c u n t z like like the IRA and the real IRA or the plastic IRA. All still c u n t z and kiddie fiddlers.

  15. 15
    Labour Party borrowings. says:

    It’s all here (or so it should be acoording to the Law) in Black and White. How Ironic that Union donations are now going into financing these borrowings. It seems they run their own books like they ran the country’s books.

    http://registers.electoralcommission.org.uk/regulatory-issues/labpartyloans.cfm

  16. 16
    Rat's arse says:

    Labour run their Party like they ran our Country for 13 years – into the bloody ground.

  17. 17
    Mad, Bad & Dangerous Gordon McRuin says:

    We can’t go bust. When the money runs out, you just print more.

  18. 18
    Sir William Waad says:

    His hairstyle is that of a Yorkshire terrier.

  19. 19
    QWERTY says:

    How anyone from the Liebour party has the brass neck to show their faces in public is beyond me. Yes this lot and Billy Hague might have made a bit of a cock up over getting idle Brits out of Libya, but fuck me how about “so just where is the WMD Mr Bliar?”

    Or the most important document to take us to war was made up by a ginger haired bagpipe playing jock twat who nicked it off a spotty 10 years olds homework?

  20. 20
    Red Len says:

    The Liebour party is already wholly owned by the unions.

  21. 21
    Grumpy Old Man says:

    An afterthought. I wonder whatever happened to Gordon’s alleged £50,000 slush fund?

  22. 22
    Anonymous says:

    I would say the Labour party currently owes £20-25m:

    http://registers.electoralcommission.org.uk/regulatory-issues/labpartyloans.cfm

    To be fair, they’ve only been paying interest on the Caring loan since August 2010.

  23. 23
    Sir William Waad says:

    £2 million? They owe the rest of us about £200 billion.

  24. 24
    Angry Taxpayer says:

    Caring was one of the guys who didn’t get a peerage because Labour stopped flogging them after the Levy scandal…

    Could not have happened to a nicer person, I am sure…

    ROFL

  25. 25
    smoggie says:

    Like Unite.

  26. 26
    Jack says:

    Have to be satsfied with the knighthood old boy

    Expensive at that price

    ROFL

  27. 27
    Righty Right Wing (Mrs) says:

    Yep, a different kind of politics.

    From Red to Blue.

    Thats the only difference under Rusty Cameron – the power is still bought & paid for.

    he truly is the heir to Blair.

    Continuity Blue Labour out.

  28. 28
    Billy Bowden is the greatest umpire ever ! says:

    I dont why the labour party doesnt merge with the BBC

  29. 29
    Anonymous says:

    GOM ~ the only thing I want to see turn up for LieBour is their toes !

  30. 30
    Chief Rabbi says:

    He’s only worth £1.5 billion so I don’t suppose he misses the interest

    http://en.wikipedia.org/wiki/Richard_Caring

  31. 31
    Labourunionsbbc we are one says:

    Sweeeeeeeeeeeeeeeeeeeeeeeeet, as.

  32. 32
    Billy Bowden is the greatest umpire ever ! says:

    I wonder if he is intrested in taking Scotland of our hands?

  33. 33
    Lord Levy, Caring's friend says:

    Nothing like backing both horses

    Increases the chances of a peerage nowadays

  34. 34
    Labour Party Treasurer says:

    Are you contributing to the Tory party nowadays as well, Lord Levy ?

  35. 35
    Fa Kin Su Pah says:

    Safe as fek

  36. 36
    Rat's arse says:

    I thought they were merged Billy. Surely the BBC is the communications wing of the Labour Party now.

  37. 37
    Chief Rabbi says:

    Billy

    £1.5 billion is far too much for Jockland !

  38. 38
    sockpuppet #4 says:

    It is my theory that men often stick with the hairdo from when they were 21. in this case 1973.

    but to my surprise when looking for his age I found this:
    His friends include Scottish philanthropist Sir Tom Hunter,[16] and property developer Robert Tchenguiz, with whom he plays poker

  39. 39
    Bled White Taxpayer says:

    …and the rest. Still, they do get £10M a year “short money” from the taxpayer, don’t they? I don’t know why it is called that – possibly because as taxpayers we’re all left short of money.

  40. 40
    Hugh Janus says:

    Typo Billy, that’s the BBCC.

    Strange how the ‘cuts agenda’ seems to have cooled a little in the past few days!

  41. 41
    Billy Bowden is the greatest umpire ever ! says:

    Well BBC has a budget of 3.5 billion, so if they officalilly mergrd then they could wipe out the debt , I mean it would just “Make things above board” then?

  42. 42
    Jack Dromey says:

    Sorry, what loan??

  43. 43
    Anonymous says:

    Named after Ted Short, the Labour (of course) minister who introduced it.

  44. 44
    Billy Bowden is the greatest umpire ever ! says:

    No but if he pays……50p for it , He can then spend the rest on trying to get the wankers to work in the private sector and of benifits.

  45. 45
    Ed Bollokov ( Son of Brown, Deficit-Admirer-in Chief ) says:

    Good point: the BBC get £ 3,500,000,000- from the Taxpayers every year. We could probably spend invest that in a couple of hours, buy off a few more voters anyway.

  46. 46
    Z for Zanu Fronts says:

    Dont’ worry about Labout going b u s t

    Keeping it afloat will cost petty cash for all of Tony’s cronies

    And you have the Teamsters unions racketeering their members, who will always help

  47. 47
  48. 48
    Telford's Change says:

    Shadow Chancellor Ed Balls is to visit Telford to hear the views of “ordinary hard working families”

    http://www.shropshirestar.com/news/2011/03/08/shadow-chancellor-ed-balls-to-visit-telford/

  49. 49
    Z for Zanu Fronts says:

    He’s probably next on the list then

    Scotland Yard seem to have been freed from the constraints put on them by Criminal Labour

    BTW We should change Starmer as well

  50. 50
    Billy Bowden is the greatest umpire ever ! says:

    I think we will make our own opinons of PMQs.

  51. 51
    Voice of Treason says:

    Seeing as Cameron is now adopting New Labour policies (smoking advertisng nonsense) this seems okay.

  52. 52
    Chief Executive says:

    You don’t mean he is a slave driver Billy ?

  53. 53
    John Alex Wood says:

    He should be giving all that money to Scientology!

    Only Scientology has the 100% workable technology to make this country a better place.

  54. 54
    Chief Executive says:

    At least he does not promise exemptions for £1 million like Tony Bair and co did to Ecclestone

  55. 55
    Perceptive Telfordian says:

    “So one of the architects of the labour policies that have near destroyed this country now wants to ‘ listen’ what a hypocrite.”

  56. 56
    Black cock at midnight says:

    I think you mean voodoo.
    Baron Samedi has the answers.

  57. 57
    Billy Bowden is the greatest umpire ever ! says:

    They left the country in debt , The party in debt, Balls refusing to pay his debt, Am i the only one or can anyone else spot a pattern here?

  58. 58
    Mine d'Boggles says:

    Indeed, East Grinstead reigns supreme. And the sound of private jets flying into Airwick Gatport is deafening.

  59. 59
    Trinny says:

    Is that 6.5% gross or net of tax?

  60. 60
    Chief Executive says:

    Here’s another one who just missed the peerage boat

    http://en.wikipedia.org/wiki/David_Garrard_(property_developer)

    But he “withdrew his name” in time

  61. 61
    Mike Hunt says:

    Oh the irony!

    A bankrupt party who bankrupted the country financing the party that has to clean it up.

  62. 62
    Mothering Sunday says:

    Am I thick or something but why would a mother want a signed copy of Sarah’s book complete with dedication for mother’s day?

    http://www.behindtheblackdoor.co.uk/index.php/2011/03/sarah-signing-books-at-ebury-hq/

  63. 63
    Mike Hunt says:

    Who here actually believes the people at the photo-ops will be real members of the public and not the local party activists and union drones.

  64. 64
    Jack says:

    And another one who missed the boat

    Married to a Wolfson …

    http://en.wikipedia.org/wiki/Barry_Townsley

    Bad timing for a stockbroker !

    It seems to me all these people have something in common

    What could it be ?

  65. 65
    Cynical-old-bag says:

    Or……maybe they can pay it back some other way to benefit the recipient – with no money changing hands.

  66. 66
    genghiz the kahn says:

    Ed, Fuck off and Die.

  67. 67
    Billy Bowden is the greatest umpire ever ! says:

    Look at the last time a Labour Mp meet with a member of the public (mrs Duffy) and she was a labour supporter.

  68. 68
    Child Labour says:

    In these hard working families that politician’s seem to come across every 5 seconds, are the kids sent up the chimneys, into the mills or down the pits or something?

  69. 69
    Billy Bowden is the greatest umpire ever ! says:

    money?

  70. 70
    Cynical-old-bag says:

    Stand by for the shredders and friendly printers, then.

  71. 71
    Mike Hunt says:

    I’d forgotten about Gordon’s notebook, as have the MSM.

  72. 72
    Cynical-old-bag says:

    This sort of deal almost always has repercussions.

    Cue book.

  73. 73
    Billy Bowden is the greatest umpire ever ! says:

    WEll they want socailisim.

  74. 74
    Douglas Hogg says:

    Dave awarded me a peerage for standing down as an MP but it was turned Down

  75. 75
    Engineer says:

    “The trouble with socialists is that they always run out of other peoples’ money.” (Margaret Thatcher, 1979)

  76. 76
    Where's Warsi says:

    Oh, are we not having a thread about Cockheads cringe worthy appearance on The One Show.

    Nevermind at least Richard Caring will guarantee his Peerage now. LOL

  77. 77
    In Summary says:

    So we’re being lectured on how the economy should be run by a party teetering on the verge of bankruptcy, whose shadow chancellor is in trouble over debt AND expenses claims.

  78. 78
    Lord Levy says:

    Not today. I’m at the tanning salon.

  79. 79
    hahahahahalo slipping says:

    When Tony Blair was just setting out on his journey up the greasy pole of politics it was said that he received financial support from the wealthy Tchenguiz family. These brothers were certainly amongst the first of the ultra wealthy to give their support to the future Prime Minister.

    In office, Mr Blair certainly demonstrated some loyalty to them in return: he actively lobbied the Polish government to back a bid which the brothers’ energy company, Rotch Energy made for the Polish Refineria Gdanska. This was to the irritation of the government in Warsaw, who believed -with some justification it may be said- that the Rotch bid was simply a front for larger Russian interests to acquire a strategic Polish asset.

    The news of the arrest of the two brothers will therefore presumably be of some concern to Mr. Blair.

    http://cicerossongs.blogspot.com/2011/03/curse-of-blair.html

  80. 80
    Cynical-old-bag says:

    Not actually ‘listen’ – just make it ‘look’ as though he’s listening.

  81. 81
    Cynical-old-bag says:

    Maybe she wants to give it to someone she doesn’t particuarly like.

  82. 82
    Labour says:

    We’re in debt. Please give us a tenner. We promise not to arse rape the country again if we get back in power.

  83. 83
    Loungelizard says:

    Previously Owned Labour?

  84. 84
    Cynical-old-bag says:

    Well it’s cost him enough dosh.

  85. 85
    Gordon Brown says:

    I’m good with numbers.

  86. 86
    Balls and the Truth are poles apart. says:

    Kin L there are some thick people in Telford. They are blaming Mrs T for Balls’ mishandling of the economy. Unless they are spoof comments inserted by Ed Balls.

  87. 87
    Gordon Brown stinks of shit says:

    Billy, any comment on Stuart Broad?

  88. 88
    Cynical-old-bag says:

    Why? He’s no longer PM and the brothers’ plight is of no further interest to him.

    But it does beggar the question about Blairs interest in the brothers’ business, over that of the country he was supposed to be leading.

  89. 89
    Anonymous says:

    It is what is known as caring and sharing

  90. 90
    Tony Blair says:

    I have never heard of the Tchingy brothers. Or of Col Gaddafi. What’s Libya? Is that a country? Look, leave me alone. I’ve made my millions honestly and my business connections are all decent and above board.

  91. 91
    Billy Bowden is the greatest umpire ever ! says:

    That was yestersdays news :-) although they have named Chris Tremlet as his replacement.

  92. 92
    Cynical-old-bag says:

    They could always tap up Mandy at Laz*rds.

  93. 93
    Billy Bowden is the greatest umpire ever ! says:

    I don’t rate his barber !!

    Much better looking with long hair

  94. 94
    Gordon Brown (Retd.) says:

    Yeah, but that was Sue’s fault…..

  95. 95
    Gillian Stuffy says:

    I Raleigh lark tha Tawney Blur.

    Tha’ oother was a big goat. An ‘ee smelled a bit foony.
    I ward nowt let ‘im in me ‘ouse again.
    Sue was nice thou. Quite clean.

  96. 96
    Grumpy Old Man says:

    If you remember, Mr Macawber was declared bankrupt and decamped to Australia -in Victorian England, the ultimate disgrace. As the Austrlians have a surfiet of corrupt, delusionary, useless socialists of their own, Labour are denied that escape from their responsibility.

  97. 97
    Engineer says:

    When you can recite Leviticus and Deuteronomy from memory as well, I’ll be impressed. Mind you, as you’re a son of the manse, we’d better add Psalms and Exodus as well.

  98. 98

    6 companies TB.
    All paying each other to do no work?
    Its a bit sus isn’t it?

  99. 99
    Lord Prescott says:

    I got mine, otherwise I would have squealed.

  100. 100
    Mike Hunt says:

    I know, wasn’t it great!

  101. 101
    Tax Payer says:

    Dozens of photos on that site but none of Sarah and the mong together.

    If it was me, I’d be pointing out to Sarah the details of her contract.

  102. 102
    Jack says:

    The Peerage drowned in the Moat

  103. 103
    BBC Editor says:

    It would only be suspect if Lord Ashcroft was doing it.

  104. 104
    Hugh Janus says:

    When Liebour f*ck things up, there are no half-measures!

  105. 105
    Tony Blair says:

    I’ve spoken very sternly to Gadaffi, and told him we can’t be friends any more.

    Hilary very kindly refused my calls several times. She is very busy and will get back to me asap.

  106. 106
    Jack says:

    Actually we should give all these barrow boys peerages and then blow the fucking House of Ermin Vermin up à la Guy Fawkes

  107. 107
    Liebore Unlimited says:

    We learned that one from well respected and well named American Madeoff, he said he was the boss of NASDEQ

  108. 108
    Cynical-old-bag says:

    Yes – it’s very sus.

    It’s about time this man was investigated thoroughly.

  109. 109
    Cynical-old-bag says:

    Anything remotely associated with Gordon is guaranteed to be a total and utter failure.

    Unfortunately – she still has the name……..

  110. 110
    Grumpy Old Man says:

    All they can say is “too far, too fast’, like an elderly relative being taken out for a day at the seaside.

  111. 111
    Anonymous says:

    Perhaps he was promised a pier for his moat?

  112. 112
    Grumpy Old Man says:

    Especially Exodus.

  113. 113
    PD77 says:

    I’m shocked! I didn’t realise there were 65,000 useful idiots in the UK!

  114. 114
    Hugh Janus says:

    Expensive photo-op, nothing more. Let him try visiting one of the constituencies in the SE and he won’t make it back alive.

  115. 115
    Hugh Janus says:

    “Mr Balls says he wants to develop a plan for the economy that’s credible.”

    That would definitely be a first.

  116. 116
    Hugh Janus says:

    +1

  117. 117
    Hugh Janus says:

    Billy, debt has been the common theme on every occasion Liebour have held office. They are nothing if not consistent.

  118. 118
    Hugh Janus says:

    If you look at the Twatter feed top right you will find the answer – £36.3m.

  119. 119
    dodgy dosser says:

    they say the same about bendover billy hague

  120. 120
    Hang The Bastards says:

    Priceless !

  121. 121
    Kered Ybretsae says:

    Fantastic, the man deserves a Beerage!

  122. 122
    Trustfund Dave the Millionaire Heir to Blair says:

    Cameron proves beyond all doubt he is the Heir to Blair by grabbing his hero Tony’s corrupt paymasters.

    You’re right, that IS very funny.

  123. 123
    Not Forgetting says:

    Not forgetting Labour foriegn policy fuck-ups like Royal Navy sailors getting arrested by the Iranians then paraded on TV wearing some charming Mr Buyrite suits! Thank you Beckett!

  124. 124
    Victoria Sponge :Φ) says:

    Nice one.

  125. 125
    put anorak blurb says:

    tabular bun pork

  126. 126
    Nikola Tesla says:

    Ridiculous! You it is wind turbines as the wind is free therefore energy developed off it is also free!

  127. 127
    Arthur Andersen says:

    It shows thaT they are experts in what they talk about

  128. 128
    John Bennett says:

    Who keeps pushing the,”Taxpayers to fund political parties scam” >

  129. 129
    John Bennett says:

    Snigger:-)

  130. 130
    labour make me puke says:

    I have a donation for the labour party, just off to pass it.

  131. 131
    smoggie says:

    He can do a Number One by himself and, with a little help, has managed to do a Number Two on the pottie.


Seen Elsewhere

Liz Kendall For Leader | Indy
Bashir Booted Out By Respect | Respect
Americans Try Haggis | Guardian
Page 3 and the Art of the Self-Pity Statement | Guardian
Steven Woolfe For UKIP Leader? | Asa Bennett
Mohammed — in Pictures | Speccie
Leon Brittan’s Accusers Must Show Their Evidence | Dan Hodges
New Saudi King Renames Roads While Body Still Warm | TechnoGuido
In Davos, Carrying a BlackBerry is a Status Symbol | Business Insider
New Labour in Peep Show Quotes | Telegraph
Here is What a 7 Way Debate Sounds Like | BBC


Find out more about PLMR AD-MS


George Galloway says of his former Respect candidate the UKIP MEP turned Tory, Amjad Bashir…

“Clearly Bashir does not have any real political principles or commitment, only naked opportunism and self-interest. He represents the revolving door principle in politics. The Tories are welcome to him because he will cause them embarrassment. Fortunately Respect was able to act before he did it to us.”


Tip off Guido
Web Guido's Archives

Subscribe me to:






RSS


AddThis Feed Button
Archive


Labels
Guido Reads
Follow

Get every new post delivered to your Inbox.

Join 1,716 other followers