Monday, July 15, 2024
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TORIES RIDE ON TRIUMPH MONEY

Satirical magazine Private Eye has just revealed Electoral Commission data showing Triumph Motorcycles supremo John Bloor was the Conservative Party’s largest donor in the third quarter of 2018.

One of his companies, JS Bloor (Services) Ltd, made three donations to the Tories in July, totalling £570,000. The magazine also reported that JS Bloor (Services) Ltd has gifted more than £2m to Conservative funds since 2015. This latest contribution is the biggest so far.

Private Eye insinuated that such largesse was associated to the recent rapid growth of housing-building operation Bloor Homes, thanks to the Tories’ Help to Buy scheme. Recent accounts for this outpost of John Bloor’s empire report annual revenue climbing by 27% to £917m and pre-tax profit 58% up to £152m — substantially exceeding Triumph’s performance.

Back in the Tony Blair era, Bloor was a donor to the Labour Party. During that period, the UK Construction & Use Regulations for road-going motorcycles were amended to permit plastic fuel tanks. Triumph debuted a plastic-tanked Triumph Tiger adventure-sport bike shortly afterwards. Obviously, there was no connection between these two events.   

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