Surely Labour can get more than £1m for a peerage?
How to increase the yield and reduce the political damage In the row over the Labour party’s alleged “cash for honours†scandal nobody has raised the issue of the pricing levels involved. Is Tony Blair “selling†them too cheaply? This post is not about the rights and wrongs of handing out honours in return for large donations but whether the party has got its basic fundraising strategy right. For from the perspective of my day job as a professional big…