Tories face call to repay Rothschild £1m loan

The Conservative party faced demands last night to repay a huge loan from a member of the Rothschild banking family made through a company set up with the sole purpose of protecting her anonymity.

An Observer investigation has found that the party has benefited from a £1m loan from Lady Victoria de Rothschild, made via a 'non-trading' company that conducts no business and has had no other function in its four-year history than to lend the Tories money.

Documents filed with the Electoral Commission show the party received the loan for £1,014,000 from a company called Ironmade Ltd on 1 June 2005 and is not due to pay it off until 2010.

http://www.guardian.co.uk/politics/2008 ... rothschild