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HMRC is investigating the tax affairs of one of the Conservative party’s biggest and most influential donors, according to the Guardian. The paper says the agency has been investigating the affairs of Lord Bamford, who runs JCB, one of the UK’s best-known manufacturers, for three years. It says the inquiry “calls into question whether the Tories should accept funds from the peer in the run-up to the general election” and may also “cast a shadow over the more than £10m he and his family have given the party over the past 20 years”.