Henry Angest also received a knighthood; he is a former Tory party treasurer. According to the Financial Tomes he gave the "Tories a £5m overdraft facility just before the 2010 general election through Arbuthnot Latham, a private bank in which he owns a majority stake." More recently he also donated £1.9m to the Tories.
Another tory donor called Rory Brooks received a CBE as did Jeremy Isaacs, "former Europe chief executive of Lehman Brothers, who has given the Conservative party £416,500".
Perhaps for the sake of balance Paul Kenny boss of the GMB union and a Labour party donor received a knighthood.
The reasons given for each and every honour looks fine on the surface but rewarding political donors with honours has more than a whiff of cash for honours.
As top honours went to four multi-millionaire Tory donors you have to question political influence.
Then there was "Sir Iain McMillan, the former head of CBI Scotland, and Sir Nicholas Macpherson, the Treasury’s permanent secretary" who were also recognised.
The honour's list is drawn up for approval by the prime minister before the Queen rubber stamps the nominees. People can however nominate "unsung heroes" they feel should be recognized.
Katie Cutler who organised a Go Fund Me campaign which raised hundreds of thousands of pounds on behalf of a frail mugging victim Alan Barnes was awarded a BEM; who could object to her award?
For many people in the UK honours are outdated but they remain popular with some, especially recipients.
Guardian 2006 - Tory donors questioned in honours inquiry