Difference between revisions of "Martyn Arbib"
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He is the founder of fund management company [[Invesco Perpetual]], which he sold in 2001 for more than £1 billion, receiving £113 million in cash and shares worth an estimated £300 million. | He is the founder of fund management company [[Invesco Perpetual]], which he sold in 2001 for more than £1 billion, receiving £113 million in cash and shares worth an estimated £300 million. | ||
| − | == | + | ==Tory donations== |
| − | Arbib owns a 28.7% stake in [[Circle Holdings]] | + | As of February 2014 Arbib had donated around £466,330 to the Tories. |
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| + | The financier owns a 28.7% stake in [[Circle Holdings]], the parent company [[Circle Health]] which has landed £1.36billion worth of NHS contracts. This has prompted claims of donor influence, given that several of its investors have gifted about £1.5million to the Tories in recent years: Sir Martyn Arbib's donations represent almost a third of this amount. <ref> James Lyons, [http://www.mirror.co.uk/news/uk-news/fury-tory-party-donors-handed-3123469#ixzz2szTXipLQ Fury as Tory party donors are handed NHS contracts worth £1.5BILLION under health reforms], ''Daily Mirror'', 8 February 2014, acc 10 Feb 2014 </ref> | ||
==Affiliations== | ==Affiliations== | ||
Revision as of 06:02, 18 November 2014
Sir Martyn Arbib is one of the UK's wealthiest financiers and a heavyweight donor to the Conservative Party.
He is the founder of fund management company Invesco Perpetual, which he sold in 2001 for more than £1 billion, receiving £113 million in cash and shares worth an estimated £300 million.
Contents
Tory donations
As of February 2014 Arbib had donated around £466,330 to the Tories.
The financier owns a 28.7% stake in Circle Holdings, the parent company Circle Health which has landed £1.36billion worth of NHS contracts. This has prompted claims of donor influence, given that several of its investors have gifted about £1.5million to the Tories in recent years: Sir Martyn Arbib's donations represent almost a third of this amount. [1]
Affiliations
- Son James Arbib, a Cambridge graduate who is a former City of London investment analyst, has made donations to the Green Party and Green MP Caroline Lucas.
Resources
Notes
- ↑ James Lyons, Fury as Tory party donors are handed NHS contracts worth £1.5BILLION under health reforms, Daily Mirror, 8 February 2014, acc 10 Feb 2014
