http://www.red-star-research.org.uk/

Sir David Garrard, who also gave £2.4m to one of Mr Blair's flagship
city academies, says he made an unspecified loan to Labour "on
commercial terms".

Sir David is one of three businessmen who lent money to the Labour
Party and whose nominations for peerages are reportedly being blocked
by the House of Lords Appointments Commission.

The tycoon's spokeswoman said he had thanked Mr Blair for nominating
him for the honour, and assured him that he was still committed to the
government and its education policy.

But she said: "Sir David has written to the prime minister asking for
his name to be removed from the list of nominees for peerage."

http://news.bbc.co.uk/1/hi/uk_politics/4808516.stm