Cable refuses to back knighthood for Tory hedge fund millionaire who made money from fall of Northern Rock

Daily Mail – The row over the honour for hedge fund trader and Tory donor Paul Ruddock intensified last night after Business Secretary Vince Cable refused to endorse the award.

Asked if he supported David Cameron’s decision to approve Mr Ruddock’s knighthood, a spokesman for Mr Cable would say only: ‘He does not comment on honours. The terse response came amid continuing controversy over  the award to multi-millionaire  Mr Ruddock, who has given more than £500,000 to Tory funds over the past eight years.

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