Beautiful Virgin Islands

Sunday, Jul 12, 2026

Rishi Sunak to court City heavyweights at £10,000-a-table Tory fundraiser

Rishi Sunak to court City heavyweights at £10,000-a-table Tory fundraiser

A party fundraiser to be held this week at a central London hotel has been organised by Malik Karim, the investment banker who is now Tory treasurer.
Rishi Sunak will this week attempt to put his recent political troubles behind him when he courts City figures at a Conservative donors' dinner designed to bolster party finances.

Sky News has learnt that the chancellor will speak at the event in central London on Tuesday evening, with guests being charged £10,000 for a 10-person table.

Sources said the dinner had been organised by Malik Karim, the investment banker who was appointed as a Tory treasurer last September.

He is said to be keen to broaden the party's donor base in an industry that has historically provided a reliable source of funding, and wants this week's inaugural City dinner to become an annual event.

Ironically, major Tory donors who are members of the House of Lords will be unable to attend Tuesday's dinner because they have been told to be available to vote in the chamber.

Mr Sunak is understood to have been promoted as the event's guest of honour, with tickets costing £1,000-a-head.

Buyers of individual tickets would not be required to disclose their purchase, although anyone buying an entire table would, because of the £7,500 threshold for declaring political donations to national parties.

The chancellor has endured the toughest month of his political career amid scrutiny of his family's tax affairs and the fixed penalty notice he received, alongside the prime minister, for attending a Downing Street gathering during one of the pandemic lockdowns.

Mr Sunak has asked the government's independent ministerial standards adviser to investigate whether he has adequately disclosed his financial interests since joining the front benches.

The Treasury declined to comment.
Newsletter

Related Articles

Beautiful Virgin Islands
0:00
0:00
Close
The AI Invoice Shock: Layoffs Didn't Save Managers Money — They Cost Them More
Concern: Sexually Transmitted Bacterium Among Men Develops Antibiotic Resistance
Following Massive Investor Demand: SK Hynix Raises 26.5 Billion Dollars on Nasdaq
Passenger Partially Pulled Out of Ryanair Jet After Cabin Window Fails Mid-Flight
After Four Years, and Under a Heavy Veil of Secrecy: King Charles Meets His Grandchildren, Harry and Meghan's Children
Severe Heatwave Drives Dangerous Ground-Level Ozone Pollution Across Two Thirds of European Union
Westminster in Freefall as Farage's By-Election Gamble Triggers Broader Systemic Crises
Institutional Fractures and Political Volatility Reshape Britain's Domestic Landscape
Deadly Fire, Health Emergencies and Political Upheaval Shape a Volatile Global News Cycle
Flight Instructor Jumped to His Death — Student Landed the Plane: "You Know What You Need to Do"
The Physical and Electronic Barriers Disrupting Domestic Wireless Networks
France and Morocco Open World Cup Quarter-Finals as Collina Defends Refereeing
Prince Harry Suffers Major Court Defeat in Legal Battle Against Daily Mail Publisher
Bonnie Tyler, Welsh Singer Behind Total Eclipse of the Heart, Dies at 75
Tech Pulse: The Future of AI and Screen Culture
Global News Briefing: Escalating Geopolitical Tensions and Corporate Shakeups
Global News Brief: Escalating Conflicts, Public Health Crises, and World Cup Drama
Federal Financial Framework Shifts as Treasury Launches Universal Savings Program for Minors
French Court Allows Le Pen to Run for Presidency, but with an Electronic Tag: "I Will Appeal, and I Will Run"
$1.4 Trillion: The Lawsuit That Could Crush Meta
Europe's Growing Struggle with Extreme Heat and Air Conditioning
UK Daily Briefing: Legal Developments and Social Issues
Political Turmoil and Rising Costs
Anthropic Reengineers Agentic Architecture to Shift Autonomous Workplace Automation to the Cloud
Logic Flaw in Windows 11 Permission Architecture Silently Consumes Hundreds of Gigabytes of Local Storage
Apple Advances Late-Stage Operating Systems with Fourth Beta Deployments
Global Crisis Alert: Escalating Middle East Tensions and UK Political Upheaval
Deep Purple Has Released Its Best Album in Decades
Microsoft Lays Off 4,800 Employees and Xbox Suffers the Hardest Blow
Morocco and France Advance as 2026 FIFA World Cup Enters Quarterfinals.
Historic 2026 Tour de France Opens in Barcelona With Revamped Team Time Trial.
Global Mergers and Acquisitions Approach $4 Trillion Defying Geopolitical Tumult.
Negotiators Advance 20-Point Framework for Gaza Ceasefire and Demilitarization.
OECD Warns Middle East Conflict Will Depress Global Economic Growth.
Ukrainian Drones Strike Major Oil Terminal in St. Petersburg.
World Meteorological Organization Issues Urgent Alert Over Rapidly Intensifying El Niño.
United States Commemorates 250th Anniversary With Diplomatic Summits and Global Flotilla.
Iran Begins Days-Long Funeral for Supreme Leader Khamenei Amid Strait of Hormuz Standoff.
Technology giant reports surging carbon emissions driven by artificial intelligence infrastructure demands.
Artificial intelligence adoption accelerates workforce reductions across the technology and financial sectors.
Global technology and financial conglomerates collaborate to launch a new stablecoin standard.
United States regulators lift export restrictions on a major frontier artificial intelligence model.
Luxury bags take over the World Cup: style, status symbol, or just showing off?
×