Lord Drayson's progress in his new job as Labour minister for defence procurement is featured in an interview article in today's FT. The piece includes a section on Lord Drayson's view on which technologies will be developed domestically and which will be ceded to foreign groups. The interview, and portrays the science and technology entrepreneur as one to watch especially for followers of the technology industry.
In a blog post that balances the scales at Guy Fawkes' Blog of conspiracies, we are given the inside "story" on how Drayson originally got in with Blair:
[Drayson] gave a £50,000 donation to the Labour party. Then had a business breakfast with the Prime Minister, gave a second donation of £50,000 to the Labour party while the government was weighing up who should be awarded a £32m contract his company Powderject was bidding on. Surprise, Powderject got awarded the contract, making a quick £20m profit on it. What value for money for the taxpayer, what a return on investment!
Loaded now, he gave another £500,000 donation to New Labour, and got made a life peer by Mr Blair six weeks later. He sold his company two years later, trousered £100 million and joins the government today. Hey, that's politics with integrity...