Conservative treasurers who donate £3m to the party seem almost guaranteed a peerage.
In the past seven years, every former party treasurer has given at least this amount – and all but the most recently retired have been offered a seat in the House of Lords, a joint investigation by openDemocracy and The Sunday Times has found.
Insiders claim that peerages are being given to wealthy businessmen, in what “appeared to be a reward” for bankrolling Boris Johnson’s party.
