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Labour draws from Sainsbury's bank

Science minister Lord Sainsbury swelled Labour's election coffers yesterday with a £2m donation.

The billionaire peer was persuaded by fundraising chief Lord Levy to make the gift, according to reports, amid speculation that the party is struggling to reach its £20m campaign spending limit.

Published: Fri, 11 Mar 2005 07:33:46 GMT+00

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FT - page 2