Last but not least of the cabal of millionaires who have donated to Hacked Off is Lord Sainsbury. A life peer with a net worth of £1.3 billion, Sainsbury has been a major financial backer of the Labour Party, forking out many millions to Blair. He acted through his Gatsby Foundation to finance the Media Standards Trust through which his money help set up and support Hacked Off. In passing it should be noted that he was a big backer of the SDP and also has his fingerprints on other politcal organisations such as the Social Market Foundation, Progress, David Miliband’s Movement For Change and the Institute for Government, the last of which Guido thinks is the most serious threat to freedom in Britain since the Communist Party. Through Hacked Off, Sainsbury has surpassed himself…
