A healthcare entrepreneur who ranks among Britain’s richest people and whose company has had close ties to the government has handed a £5m donation to the Conservative Party – one of the biggest in its recent history.
Sky News has learnt that Frank Hester, founder and chief executive of The Phoenix Partnership (TPP), has given the Tories a seven-figure sum that will provide the party with a significant boost to its general election war-chest.
The sum is likely to be disclosed in the latest quarterly data on political donations, which is expected to be published by the Electoral Commission later this week.
Based in Leeds, TPP describes itself as “a leading global provider of healthcare technology”.
It says it provides “vital clinical IT services in… more than 2,600 GP practices”.
During the pandemic, it was reported to have won a six-figure contract to supply data on vaccine uptake levels.
Mr Hester, who was awarded an OBE in 2015 for services to healthcare, has accompanied ministers on several overseas trade missions.
In 2013, he travelled to India with David Cameron, the then prime minister, as part of what was Britain’s biggest-ever trade delegation.
“This trip is worth a lot of money to us – it’s invaluable,” Mr Hester reportedly told the Financial Times during the trip.
“Being with the PM and UK Trade and Investment means we [see] the right people.”
The following year, Jeremy Hunt, the then health secretary, visited TPP’s headquarters, saying: “Technology is the key to 21st century personalised healthcare, so it is great to see companies like TPP leading the way with new software that will put [care home] residents in control of their health.”
This year’s Sunday Times Rich List estimated Mr Hester’s wealth at £415m, ranking him in joint 321st place.
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