City stars set for peerages

Marion Dakers
THE CONSERVATIVE and Labour parties are set to name several City players in the latest lists of appointed peers.

Stanley Fink, the Tory party treasurer and former chief executive of Man Group, is among those said to be on the list of the latest entrants to the House of Lords, which will be revealed on Saturday.

Former BMI chairman Sir Michael Bishop is also thought to be on the list of up to 30 new Conservative peers, along with Andrew Feldman, the party co-chairman and a university friend of David Cameron.

The Labour party has also submitted a list of up to 20 candidates for the Lords, who have been scrutinised by a selection committee. Labour’s list is thought to include Nigel Doughty, founder of private equity firm Doughty Hanson and owner of Nottingham Forest FC, and ready meal entrepreneur Sir Gulam Noon.