Politics

Liz Truss received £425,000 in personal donations during her Tory leadership bid

A register of MPs' financial interests revealed Truss' rival Rishi Sunak received around £450,000 and Boris Johnson received a £23,000 donation to pay for his wedding

Liz Truss donations

The Prime Minister Liz Truss on a call inside the Cabinet room to the Chancellor of Germany Olaf Scholz. Image: Andrew Parsons / No 10 Downing Street

Liz Truss was handed £425,000 in personal donations to boost her Conservative leadership bid, official documents have revealed.

Published just minutes before the new prime minister laid out her new plan to freeze energy bills to support British households facing the cost of living crisis, the MP’s register of interests showed Truss had been backed by 22 personal donations to the tune of £424,349.

Among the most notable backers was billionaire property developer Tony Gallagher – 140th on the Sunday Times Rich List and worth an estimated £1.25bn – who pledged £5,500.

Peer Lord Michael Spencer, who sits three places above Gallagher on the Times’ list at £1.262bn, offered up £25,000. Fitriani Hay – the wife of Scottish millionaire businessman Jim Hay – offered £100,000 to Truss’s bid.

One £10,000 donor was listed as Smoked Salmon and is believed to be former Brexit Party MEP Lance Forman.

Truss’ opponent Rishi Sunak received £458,570 in donations, including two £50,000 donations from rock star Chris Rea.

The register of interests also revealed former prime minister Boris Johnson received £23,853 in donations from Tory donors Anthony and Lady Carole Bamford to cover the hire of a marquee and portaloos as well as paying for flowers, waiting staff, an ice cream van and a smoke and braii food truck.

Support the Big Issue

For over 30 years, the Big Issue has been committed to ending poverty in the UK. In 2024, our work is needed more than ever. Find out how you can support the Big Issue today.
Vendor martin Hawes

Recommended for you

View all
St George's Day: Why we mustn't let Englishness be hijacked by the far-right
St George's Day

St George's Day: Why we mustn't let Englishness be hijacked by the far-right

'We will do all we can to resist': Sunak gets Rwanda plan through parliament – so what happens now?
UK Jamaica policy
Politics

'We will do all we can to resist': Sunak gets Rwanda plan through parliament – so what happens now?

Sunak admits he will miss his own target of Rwanda flights taking off by spring
Rwanda
Immigration

Sunak admits he will miss his own target of Rwanda flights taking off by spring

Mark Menzies scandal: How Tory sleaze may shape next UK general election as Sunak's party plummets
Mark Menzies
Politics

Mark Menzies scandal: How Tory sleaze may shape next UK general election as Sunak's party plummets

Most Popular

Read All
Renters pay their landlords' buy-to-let mortgages, so they should get a share of the profits
Renters: A mortgage lender's window advertising buy-to-let products
1.

Renters pay their landlords' buy-to-let mortgages, so they should get a share of the profits

Exclusive: Disabled people are 'set up to fail' by the DWP in target-driven disability benefits system, whistleblowers reveal
Pound coins on a piece of paper with disability living allowancve
2.

Exclusive: Disabled people are 'set up to fail' by the DWP in target-driven disability benefits system, whistleblowers reveal

Cost of living payment 2024: Where to get help now the scheme is over
next dwp cost of living payment 2023
3.

Cost of living payment 2024: Where to get help now the scheme is over

Strike dates 2023: From train drivers to NHS doctors, here are the dates to know
4.

Strike dates 2023: From train drivers to NHS doctors, here are the dates to know