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Peerage and minister’s brief for property investor and Tory donor

Property investor and Tory donor Malcolm Offord has been handed a peerage and made a minister.

In a move that immediately resulted in accusations of cronyism, the founder and chair of Edinburgh-based Badenoch and Co, which invests in Scottish property through its Peleus Fund, has become a junior minister in the Scotland Office.

Offord has donated almost £150,000 to the Conservative Party since 2007.

The Times (£)
The Guardian

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