Exclusive: Johnson courts financiers in race to become British PM - sources

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Exclusive: Johnson courts financiers in race to become British PM - sources
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Boris Johnson, the frontrunner in the race to become Britain's next prime m...

Boris Johnson, a leadership candidate for Britain's Conservative Party, looks on during his visit at Wisley Garden Centre in Surrey, Britain, June 25, 2019. REUTERS/Peter NichollsLONDON - Boris Johnson, the frontrunner in the race to become Britain’s next prime minister, has met hedge fund and private equity executives to raise donations for his leadership campaign, according to sources familiar with the matter.

Johnson’s spokesman did not respond to request for comment, and 5 Hertford Street declined to comment. The register is updated every two weeks. Current entries run until June 17 so it was not yet clear whether further donations had been made following the June 18 meeting.Johnson and his leadership rival, foreign minister Jeremy Hunt, must each raise £150,000 for their campaigns, under the rules of their governing Conservative Party. The funds help cover campaign costs, including travel to the 16 debates nationwide they are due to attend.

The June 18 meeting in Mayfair followed another breakfast earlier on the same day with company executives. Johnson’s record as mayor of London, when he championed financial services, has been clouded by his reported dismissal of companies’ concerns last year about leaving the EU with the comment “fuck business”.

“Can you think of anybody who stuck up for the bankers as much as I did? I defended them day in, day out, from those who frankly wanted to hang them from the nearest lamppost.”

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