Sir Henry Angest: Banker who gave Tories millions is knighted in reward for ‘political service’
‘A millionaire ex-Tory party treasurer with links to a high-interest loans company has been knighted in the Queen’s Birthday Honours List, as others who donated to the Conservatives during the election are also recognised.
The Swiss-born multimillionaire banker Sir Henry Angest, one of the Tories’ biggest financial backers, received a knighthood “for political service”. The fact that he has channelled almost £7m to the Conservatives in loans and donations has raised fresh concerns that the party is using the honours system to reward its donors.
As chairman and chief executive of the Arbuthnot Banking Group, Sir Henry is also behind Everyday Loans, a company charging members of the public an average of 74 per cent APR.’
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