Labour donor Dale Vince ordered to inform wife of future party funding

labour donor dale vince ordered to inform wife of future party funding

Dale Vince and wife Kate

A green energy tycoon who plans to donate £5mn to the UK’s Labour party has been ordered by the High Court to inform his wife before he hands over more cash.

Lawyers acting for Dale Vince’s wife, Kate, claimed during divorce proceedings that the businessman had kept her “in the dark” about his plans to fund the opposition party with donations from shared assets.

“This lack of visibility is quite frankly appalling,” her barrister, Richard Todd KC, told the court at a hearing this week. “That money is being disposed of and it’s being kept invisible from us.”

Vince, founder of energy company Ecotricity and owner of the football club Forest Green Rovers, has an estimated fortune of £100mn and is one of Labour’s “megadonors” seeking to bankroll Sir Keir Starmer’s bid for power.

Starmer has looked to Vince, along with two other big donors — supermarket scion Lord David Sainsbury and car glass repair millionaire Gary Lubner — to help fund his party after the Conservative government raised the spending limit for this year’s election to £35mn, up from £19mn in 2019.

Mr Justice Cusworth, the judge in the Vinces’ divorce case, this week lifted some of the standard restrictions on reporting and allowed the parties to be named following public interest representations from the Financial Times.

The judge ordered that the 62-year-old give his wife written notice of any intention to make a donation either directly or indirectly “through any entity in which he has an interest”.

Mr Justice Cusworth said he was only making a “notice provision” to ensure Vince’s wife was kept informed, not an “injunctive provision” to restrict donations.

But Kate Vince’s solicitor Simon Bruce, a partner at Dawson Cornwell, said an application could be made in future to try to stop Dale Vince donating “what we don’t want him to donate”.

Vince has given £2.4mn to the Labour party through Ecotricity over the past decade and has donated much smaller gifts to the Green party and the Liberal Democrats.

He has increased the donations to Labour recently, handing over £500,000 in October 2022 and £1mn in November 2023, according to data from the Electoral Commission.

Party officials expect to receive further millions before the general election expected this year.

Vince is now required to inform his wife of “the precise sum of money or value of the asset he intends to donate” and the date and purpose of the proposed donation, as well as the recipient.

Lewis Marks KC, for the businessman, told the court before the order was issued that his client had already made clear his intention to donate £5mn to Labour and there was no need for further notice to be given.

Vince would be disclosing any donations “publicly anyway — as he already has, and as he always does”, Marks said. “If the wife thinks she can get an injunction to restrain him [from funding the Labour party] . . . then she should make that application,” he added.

In court documents, Marks said Dale Vince would make the donations “because he believes that an incoming Labour government would be best for the country and best for the environment — to which he has devoted his entire adult life”.

“It is not for [Kate Vince], or this court, to second-guess that type of decision,” he said.

But Todd said in a written submission on behalf of Kate Vince: “He [Vince] needs to accept that this will come out of his share and that he will give us notice of any future large-scale donations.”

News Related

OTHER NEWS

FA confident that Man Utd starlet will pick England over Ghana

Kobbie Mainoo made his first start for Man Utd at Everton (Photo: Getty) The Football Association are reportedly confident that Manchester United starlet Kobbie Mainoo will choose to represent England ... Read more »

World Darts Championship draw throws up tricky tests for big names

Michael Smith will begin the defence of his world title on the opening night (Picture: Getty Images) The 2024 World Darts Championship is less than three weeks away and the ... Read more »

Pioneering flight to use repurposed cooking oil to cross Atlantic

For the first time a long haul commercial aircraft is flying across the Atlantic using 100% sustainable aviation fuel (SAF). A long haul commercial flight is flying to the US ... Read more »

King meets world business and finance figures at Buckingham Palace

The King has met business and finance leaders from across the world at a Buckingham Palace reception to mark the conclusion of the UK’s Global Investment Summit. Charles was introduced ... Read more »

What Lou Holtz thinks of Ohio State's loss to Michigan: 'They aren't real happy'

After Ohio State’s 30-24 loss to Michigan Saturday, many college football fans were wondering where Lou Holtz was. In his postgame interview after the Buckeyes beat Notre Dame 17-14 in ... Read more »

Darius Slay wouldn't have minded being penalized on controversial no-call

Darius Slay wouldn’t have minded being penalized on controversial no-call No matter which team you were rooting for on Sunday, we can all agree that the officiating job performed by ... Read more »

Mac Jones discusses Patriots future after latest benching

New England Patriots quarterback Mac Jones (10) Quarterback Mac Jones remains committed to finding success with the New England Patriots even though his future is up in the air following ... Read more »
Top List in the World