Labour Party In 2002 the first
city academy under a new Labour programme, Business Academy Bexley (now
Harris Garrard Academy) was opened by prime minister
Tony Blair with Garrard as principal sponsor with a financial contribution of £2.5 million. Garrard chaired its governing body. Before the
2005 General Election Garrard secretly provided the
Labour Party with a loan of £2.3 million at a time when loans on commercial terms did not have to be declared, Following the discovery of the loan in the course of the
Cash for Honours political scandal in the UK, Garrard withdrew his nomination for a
peerage. The loan was extended, and Gerrard eventually called for it to be repaid in 2015, in a reaction against
the election of Jeremy Corbyn as leader of the Labour Party. In 2013, Garrard hosted a visit to Israel by eleven Labour MPs, including shadow defence secretary
Jim Murphy, shadow defence minister
Gemma Doyle,
Labour Friends of Israel chair
Anne McGuire and vice-chair
Louise Ellman. He also sponsored the 2014 Labour Friends of Israel annual lunch, which included a speech by Labour leader
Ed Miliband. In 2014, Garrard donated £500,000 to the Labour Party, one of the largest private donations under
Ed Miliband's leadership. This prompted criticism of "double standards" when the media reported that Garrard had placed shares in an
offshore trust to avoid tax, similar to Conservative donor and co-treasurer
Lord Fink, whom Labour had criticised. Garrard left the Labour Party in March 2018 due to his unhappiness with the
party's response to allegations of antisemitism. In February 2019, Garrard added that he had concerns about the nation's future should Corbyn lead the country. "From the very outset of Mr Corbyn’s leadership I had feared the ultra-Left Marxist/Socialist nature of the Labour party’s new leadership and its supporters, all of which led me to conclude that a socialist republic for our nation was what these politicians intend". After leaving the party, he has provided funding on several occasions to
Tom Watson in addition to his support for
Change UK.
The Independent Group In February 2019, Garrard provided funding to support the launch of pro-EU political group
The Independent Group; the amount as reported by
The Sunday Telegraph was £1.5 million. ==Honours==