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Sunday, March 22, 2015

Labour's secret hedge fund donor exposes Miliband hypocrisy

We are all used to the Labour mantra about the Tories being a party of the rich, for the rich, funded by the rich. It seems though that Ed Miliband's party is not much different. Appoarently, Martin Taylor, who is a multi-million pound hedge fund manager, has given Labour nearly £600,000 since 2012 and has had at least one meeting with leader Ed Miliband.

So why has the Labour leader handed his opponents a free hit? The Independent has all the damning quotes:

"This is the difference: this is a PM who won’t tackle tax avoidance for the simple reason that too many of his friends would get caught in the net. They’re the party of Mayfair hedge funds and Monaco tax avoiders."

•Ed Miliband, Hansard, co.267, 4 February 2015

“If the Prime Minister wants to talk about party funding, let us talk about a party bought and sold by the hedge funds and a man who appointed a self-declared tax avoider as his treasurer."

•Ed Miliband, Hansard, co.267, 25 February 2015

“The current [Tory] leadership have become the political wing of offshore hedge funds."

•Ed Miliband, Western Morning News, 7 February 2015

More than a little embarrassing for a party purporting to represent working people.
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