Tuesday, December 11, 2007

InFidelity comes over all coy while “bonkers” Caledonia joins Tory investors club

Labour & Capital blogger, Tom P, has had a reply from Fidelity Investments to his letter to them about their donations to the Tories (£95k this year alone). Tom and his wife pay into a Fidelity ISA towards paying off their mortgage and are very unhappy that they are indirectly contributing to Conservative party funds.

Click on the link to read about the frankly empty response that Fidelity gave to his letter. Keep up the pressure Tom!

It was also interesting to note that Tom also reports that Caledonia Investors has given the Tories £60k. Caledonia still has very strong links with their founders, the old money Scottish Tory lairds, the Cayzers. Read the “Scotland on Sunday” account about the “stark raving bonkers” family feud that the almost liquidated the trust in 2003. It makes UNISON conferences seem like “a walk in the park”.

While you are at it check out Fidelity Out of Sudan.

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