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Labour given £4m from tax haven-based hedge fund with shares in oil and arms

Quadrature’s donation is noteworthy not just for being Labour’s largest-ever, but for its timing ahead of election

By The Dark Arts and Ethan Shone
Labour given £4m from tax haven-based hedge fund with shares in oil and arms
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The Labour Party’s largest-ever donation came from a Cayman Islands-registered hedge fund with shares worth hundreds of millions of pounds in fossil fuels, private health firms, arms manufacturers and asset managers. 

While the £4m donation by Quadrature Capital is the sixth-largest in British political history, it is noteworthy not just for its size, but also its timing. 

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Creative Commons Attribution-NonCommercial 4.0