Barry Townsley

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Barry Stephen Townsley CBE (born October 14, 1946) is a British stockbroker and charity-worker. He is chairman of City stockbrokers Insinger Townsley.

[edit] "Cash for peerages"

Described as "colourful" by The Times, [1] Townsley was involved in the so-called "cash for peerages" scandal in March 2006, in which it was revealed he had lent £1m to the Labour Party [2] at the solicitation of Lord Levy, and contributed £1.5m to a City Academy. He was nominated for a peerage shortly after making the loan, but in February 2006 he withdrew from the nomination on the grounds of press intrusion into his private life.