Barry Townsley

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Barry Townsley is a city stockbroker who founded Townsley & Co and is the chairman and founding partner of Hobart Capital Markets.

He is a Labour Party donor and was involved in the cash for peerages scandal in 2006. His father-in-law was Leonard Wolfson.


Townsley founded stockbrokers Townsley & Co before selling it to Dutch bank Insinger de Beaufort in 1999.[1]

Townsley is currently the chairman and founding partner of Hobart Capital Markets.[2]

Labour donor

Cash for peerages

In 2006, the Labour Party revealed they had received £1 million from Townsley in secret donations. The move towards transparency came from a combination of pressure from the other parties and plans to introduce a new law banning secret loans to parties.

Along with fellow 'secret donors', Sir Gulam Noon, Chai Patel and Sir David Garrard, Townsley was nominated for a peerage. The House of Lords Appointments Commission voiced concern over this issue.[3]


Date Name of donor Amount Donated to Subsidiary (parties only)
18/05/2005 Barry Townsley CBE £6,000.00 Labour Party Central Party



Personal life


  1. Bloomberg Business Townsley & Co, accessed 30 March 2015
  2. 2.0 2.1 The Marque Barry Townsley, accessed 30 March 2015
  3. BBC News, Labour reveals secret loans list, 20 March 2006, accessed 30 March 2015
  4. Electoral Commission, Donation Search, accessed 30 March 2015