Analysis
Boris Johnson may be building his war chest, but
he isn’t building bridges
Rowena
Mason
Whitehall
editor
Ex PM’s £3.5m in second-job fees plus political
donations since leaving Downing Street sends mixed signals about his future
plans
Sat 14 Jan
2023 01.00 EST
It has
proved fortunate for Boris Johnson that his government chose last year to drop
plans to cap how much MPs could make from second jobs outside parliament.
Nine months
later, the former prime minister has benefited from more than £2.5m in earnings
from speeches, hospitality, free accommodation, gifts and donations to his new
company, The Office of Boris Johnson.
His haul in
just over four months means he is topping the leaderboard of MPs in terms of
both donations and cash from work unrelated to his job in the House of Commons
in the last year.
Speculation
is now rife that Johnson will use the money coming into his office to launch a
political comeback – emphatically denied by his allies – especially with Rishi
Sunak failing to make much headway in the polls.
This has
only intensified after it emerged this week that his office has taken £1m from
Christopher Harborne, an investor in crypto and aviation fuel based in
Thailand, who previously donated £6m to the Brexit party, now known as Reform
UK.
“Why would
Boris need a £1m donation if he was not planning a political comeback?” asks
Labour’s Diane Abbott. His allies say his company undertakes no commercial work
and the money will be used to fund his work in public life.
But the
truth is that if Johnson does want to return to frontline politics then some of
the largesse he has benefited from over the last few months may prove an
obstacle.
Sunak
entered No 10 promising an ethical overhaul after the Owen Paterson scandal
linked to the former MP’s second job, public anger over Partygate and the
furore over Johnson initially using a Tory donor to fund the overhaul of the No
11 flat.
If he was
serious about returning, Johnson might have attempted to show he had learned
from past mistakes and take extreme care to avoid any controversy over the
sources of his funding.
However,
his lifestyle continues to be subsidised by a wealthy Tory donor, with Lord
Bamford and his wife giving him use of a £20m London townhouse and a cottage in
the Cotswolds.
He has also
taken more than £250,000 for a speech to a conference in Singapore about
blockchain, the technology behind crypto currency, funded by a little-known
Hong Kong based startup called ParallelChain Lab.
Turning to
Harborne, little is known publicly known about the technology investor, whose
name features in the Panama Papers as an intermediary of companies linked to
offshore accounts, and who also goes by the Thai name Chakrit Sakunkrit.
But he is
believed to been a backer of a leading cryptocurrency and a crypto exchange, as
well as owning AML Global, an aviation fuel business. His bankrolling of Nigel
Farage’s Brexit party also places him firmly on the hard pro-Brexit right of
the Conservative party.
A narrative
about the betrayal of Brexit is Johnson’s most likely source of support within
the Conservative party for a comeback, especially if Sunak does a deal on the
Northern Ireland protocol that angers the European Research Group wing of the
party.
Such
argument has already been put forward by one of his former supporters, Peter
Cruddas, who told the Observer last month that the Tories are under threat from
a rightwing insurgency after a “drag to the left” under Sunak.
But whether
Johnson is the person to front that campaign is still unclear. Many
Conservative MPs fear he would continue to dog the party with yet more
financial or ethical controversies. He also has the privileges committee
inquiry into whether he misled the Commons over Partygate to contend with, and
the Covid inquiry into the government’s handling of the pandemic.
He may have
had the necessary 100 MPs – less than a third of the parliamentary party – to
notionally have fought Rishi Sunak for the leadership back in the autumn but he
did not have enough support to have governed effectively. His activities since
leaving No 10 are not likely to have convinced the doubters that he has
changed.
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