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Tory donor made life peer and appointed as government minister

Malcolm Offord, who has donated almost £150,000 to the Conservatives, sent to the Lords and becomes minister in Scotland Office

A financier who has donated almost £150,000 to the Conservatives has been made a life peer and given a ministerial job, Downing Street has announced.

Malcolm Offord, founder and chair of an Edinburgh-based “boutique investment” company, Badenoch and Co, will be made a life peer, a statement said, and become a junior minister in the Scotland Office.

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