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'Want to be a Labour peer? £1m should swing it'

Written by George Jones and published in Telegraph on Fri 21st Jul 2006

A peerage costs an average of £1 million in donations or loans to the Labour Party, but a contribution of just £50,000 brings a 50-50 chance of receiving an honour, according to a study published today.

More than half the individuals who have given more than £50,000 to the Labour Party have received an honour.

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Article by Chris Philp on ConservativeHome.

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