WPP boss and Best for Britain donor Martin Sorrell ‘under investigation’ for misconduct
This February some of the most influential figures in politics, finance, advertising and media all congregated on a swanky South Kensington pad.
It wasn’t just the obscene amounts of cash the guests had in common – they were all staunchly pro-EU.
George Soros grabbed the headlines most. At 87, the Hungarian born billionaire, made infamous for making over £1 billion during ‘Black Wednesday,’ wanted the UK to change its mind.
He wanted more funding for his fledging group ‘Best for Britain,’ only one other guest was willing to put his (considerable) money where his mouth was…
Sorrell made his fortune in advertising. Setting up WPP, which would become the UK’s largest advertising business, the 73-year-old has always been a staunch Europhile.
Taking Soros up on his offer, Sorrell committed to Best for Britain, then run by Gina Miller.
With £500,000 donated to the cause that very evening, the pair had ambitious plans. Rallies, parties, pressure groups, advertising campaigns, social media groups, were all to play their part in getting Brexit overturned.
Today (April 4) Sorrell’s own firm WPP hired lawyers to investigate alleged personal misconduct.
Sorrell “unreservedly” denies the allegation, which is thought to involve improper use of company funds.
With so much focus on how pressure groups are being financed, the move leaves Best for Britain in a tricky spot.
So far the ambitious plans have led to little more than a couple of websites, but the news today may well spell the end of extra financing from one of Britain’s best paid business leaders.