News that the Conservative party are relying on tycoons to financially prop up their party doesn't come as a great surprise.
Ten wealthy business men, mainly City tycoons, have donated more than £13million between them to the Conservatives since 2005, the City has handed over almost £43 million since 2005, and in the first ten months of this year hedge-fund managers and financiers gave the Tory party £11.4million, and that's not counting donations from the former wealthy Tory treasurer Michael Ashcroft.
These hedge-fund managers, financiers, venture capitalists, and property tycoons etc, expect to gain regular access to Mr.Cameron and other senior figures in the government, business deals can be done behind the scenes, honours arranged, and favours inevitably result from high-powered lobbying. So much for democracy!
The £800million tax levy George Osborne intends to levy on the banks represents less than a week's profit for the top five banks. Wealthy men don't give something for nothing, they're not stupid.