Wikipedia

Michael Levy, Baron Levy

For the founder of Texas Monthly magazine, see Michael R. Levy.

Michael Abraham Levy, Baron Levy (born 11 July 1944) is a British life peer and former chartered accountant who was chairman and CEO of a large independent group of music companies. A long-standing friend of former prime minister Tony Blair, Levy was the chief fundraiser for the Labour Party under Blair and spent nine years as Blair's special envoy to the Middle East.

The Right Honourable
The Lord Levy
Official portrait, 2019
Personal details
Born (1944-07-11) 11 July 1944 (age 80)
Stoke Newington, North London, England
Political partyLabour
SpouseGilda

Levy now acts as a consultant for a number of companies and is also chairman of a finance company. He is also the president of Sense and Sense International, Jewish Care, Barnet and Southgate Colleges, Jewish Free School (JFS), Jewish Lads' and Girls' Brigade (JLGB), Etz Chaim Jewish Primary School, and Mathilda Marks-Kennedy Jewish Primary School (MMK). He was previously president of the Specialist Schools and Academies Trust and president of Volunteering Matters.

Early life

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Born in Stoke Newington, North London, to devout Jewish immigrant parents of modest means, Levy was educated at Grocers, later known as Hackney Downs School.[1]

Music industry career

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Levy qualified as a Chartered Accountant in 1966 (ACA then FCA) and set up a professional accountancy practice. The practice attracted a great number of clients in the music and entertainment industry, and Levy became a specialist in international copyright and licence. Amongst the clients were the Foundations, Vanity Fair, Roger Greenaway, Barry Mason and many other successful producers and artists.

Levy founded Magnet Records with Peter Shelley in 1973.[2] This became one of the most successful independent labels of its day and, at one stage, had 10% of the British singles market with four singles in the top ten of the UK Singles Chart. The successful artists on the label included Alvin Stardust, Adrian Baker, Chris Rea, Bad Manners, Darts, Susan Cadogan, Silver Convention and Guys 'n' Dolls. Levy sold Magnet Records to Warner Brothers in 1988 for £10m.

Guitarist Chris Rea said of Levy, "He is extremely tough, one of the hardest bastards I have ever met, but I would leave my children with him rather than anyone else." The music producer Pete Waterman described him as "the greatest salesman I have ever met. He would be able to sell sand to the Arabs."[1]

After Magnet was sold, Levy set up M&G Records with backing from Polygram. M&G Records was so named as it was the initials of Michael and his wife Gilda, and featured acts such as Zoe who had a top five hit with "Sunshine on a Rainy Day" and Pele who had success with "Fair Blows the Wind for France". Polygram were then bought out, and the company was eventually sold to Bertelsmann (BMG) in 1997.

Aptitude for fundraising

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Levy was involved in fundraising from his early life and from the late 1960s for many causes, including Jewish and Israeli causes. For this he showed a special adeptness, raising, between 1988 and 1994, £60m for Jewish Care, an amalgam of several Jewish charitable organisations, of which he is now President.[1] Simon Morris, Former Chief Executive of Jewish Care, said of Levy that, when it comes to fundraising, "there's no one better in the country." Levy has been described as the number one fundraiser in the country, and he has raised hundreds of millions of pounds for charitable causes over the years.[3][4]

Political life

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Levy first met Tony Blair at a dinner party in 1994, hosted by Israeli diplomat Gideon Meir,[1] the two having a common friend in Eldred Tabachnik, a senior barrister and former president of the Board of Deputies of British Jews) at 11 King's Bench Walk Chambers, the chambers founded by Derry Irvine where Blair had trained in the early 1980s.[5] They soon became close friends and tennis partners. Levy ran the Labour Leader's Office Fund to finance Blair's campaign before the 1997 general election and received substantial contributions from such figures as Alex Bernstein and Robert Gavron, both of whom were ennobled by Blair after he came to power. Levy himself was created a life peer on 23 September 1997 as Baron Levy, of Mill Hill in the London Borough of Barnet.[6] Since making his maiden speech on 3 December 1997, Levy has not spoken in a debate at the House of Lords.

He has been described by The Jerusalem Post as "undoubtedly the notional leader of British Jewry".[5] He was a founding member of the Jewish Leadership Council, the leadership of the UK Jewish community. Levy has close ties with Israeli political leaders. His son, Daniel Levy, was active in Israeli political life, and has served as an assistant to the former Israeli Prime Minister Ehud Barak and to former Knesset member Yossi Beilin. His son Daniel is now based in the UK and is now President of the US Middle East Project and before that was Head of the Middle East Department of the European Council of Foreign Relations. Levy has praised Blair for his "solid and committed support of the State of Israel"[7] and "his commitment to the peace process". Levy was associated with the Labour Friends of Israel.[8][verification needed]

Known as "Lord Cashpoint" to some in the media and politics,[5] he was the leading fundraiser for the Labour Party from 1994 to 2007 (having raised over £100m for the Labour Party).[9] In 2007, he voluntarily decided to step down at the same time as former Prime Minister Tony Blair.[10]

In 2000, Levy was criticised when it was revealed that he had paid only £5,000 tax during the financial year 1998–1999[11] – however it was subsequently shown even in that year the tax paid was £30,000. In an interview at the time, repeated on BBC2's Newsnight on 16 March 2006, Levy stated that "Over the years I have paid many millions of tax and, if you average it, each year it comes to many hundreds of thousands of pounds. In that particular year, I was giving my time to the Labour Party and the voluntary sector, and I just lived off capital."[12]

From 1998 until 2007, he acted as Prime Minister Blair's personal envoy to the Middle East, being replaced by Gordon Brown's appointee, Lord Williams of Baglan, in September 2007.[13] Blair said Levy carried out "a perfectly excellent job as my envoy under very difficult circumstances".[14]

Many leaders in the region, including Palestinian President Mahmoud Abbas have praised Levy for always offering constructive suggestions.[citation needed]

In September 2005, Levy was appointed President of the Council of the Specialist Schools and Academies Trust, the body overseeing the government's Specialist schools and Academy programmes.[citation needed]

Levy advised Jeremy Corbyn's team on tackling antisemitism during Corbyn's leadership of the party.[15]

Cash for honours

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Levy was arrested and questioned in connection with the "Cash for Honours" inquiry by the Metropolitan Police on 12 July 2006 (whereby it was suggested that money was paid to political parties for Honours in particular peerages).[16] No charges were made against Levy, and the police removed all details from their files.[citation needed]

Other positions

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Levy is Life President of Jewish Care, and the President of Jewish Free School (JFS), Jewish Lads' and Girls' Brigade (JLGB), Etz Chaim Jewish Primary School, Mathilda Marks-Kennedy Jewish Primary School (MMK), Barnet & Southgate Colleges and Sense & Sense International[17][18] and the Honorary President of UJIA and the former President of Volunteering Matters and the Specialist Schools and Academies Trust.

He was a Member of the Advisory Council of Step Up to Serve Campaign (2013-2020). He was the Chair of the Policy Network Foundation, a policy think tank. He also holds and has held a number of other positions in the voluntary sector, and he was a former member of the Board of Directors of the International Peace Institute, IPI (2014-2019).

In 2008 Levy became Chairman of International Standard Asset Management until 2011. Now Principal of Global Consultancy Services acting as a Consultant to a number of companies, and he is also Chairman of Chase Mill Hill Ltd.[17]

Personal life

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He and his wife Gilda have a son, Daniel, and a daughter, Juliet.[citation needed]

Levy's home in Totteridge, North London, was burgled in 2003. He and his wife Gilda were restrained with handcuffs and had bleach poured over them. Levy was hit on the head with a shovel and had his wrist broken; the attackers fled with £80,000 of cash and jewellery.[5]

Lord Levy received an Honorary Doctorate from Middlesex University in 1999, and the Israel Policy Forum (USA) Special Recognition Award in 2003. In 1994, he was a Recipient of the B'nai B'rith First Lodge Award and in 1998 a Recipient of the Friends of the Hebrew University of Jerusalem Scopus Award. He has received the Jewish Chronicle 175th Anniversary Award for outstanding, unique and long term contributions to British Community life.[citation needed]

Lord Levy's autobiography, A Question of Honour, was published in 2008.[19]

Arms

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Coat of arms of Michael Levy, Baron Levy
 
 
Coronet
Coronet of a Baron
Crest
A Dove Argent, beaked and legged Gules, the dexter wing expanded, inverted and supporting a Harp Or, in the beak a Sprig of Olive Or.
Escutcheon
Per pale Argent and Sable, five Bars counter-changed, over all three Trumpets bells upwards Or, a Chief engrailed of two arches Or.[20]
Supporters
On either side a Dove contourny and supporting with the wings addorsed and inverted Argent, beaked and legged Gules, holding in the beak a Sprig of Olive Or.

References

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  1. ^ a b c d Euan Ferguson (19 March 2006). "There was once a jolly bagman". The Observer. London. Retrieved 19 January 2011.
  2. ^ Adam Sweeting "Alvin Stardust obituary" Archived 27 October 2014 at the Wayback Machine, The Guardian, 23 October 2014
  3. ^ Katz, Ian (2 December 2004). "Advantage Levy". The Guardian. ISSN 0261-3077. Retrieved 6 September 2024.
  4. ^ Valley, Paul (18 March 2006). "Michael Levy: Lord Cashpoint". The Independent. Retrieved 6 September 2024.
  5. ^ a b c d Stuart Wavell (19 March 2006). "Lord Cashpoint's touch of money magic". Sunday Times. London. Archived from the original on 26 July 2008. Retrieved 16 July 2006.
  6. ^ "No. 54904". The London Gazette. 29 September 1997. p. 10969.
  7. ^ Jewish Care, Fundraising Dinner 2006
  8. ^ Pierce, Andrew (18 November 1997). "Blair's chance to raise cash for Pounds 1m refund". The Times.
  9. ^ Wright, Oliver (10 June 2022). "Lord Levy returns to top up Labour's donations". The Times. Archived from the original on 9 October 2024. Retrieved 26 October 2024.
  10. ^ "Levy to quit with Blair". Reuters. 10 August 2007. Retrieved 6 September 2024.
  11. ^ "Blair tycoon paid just £5,000 tax". Sunday Times. 25 June 2000.
  12. ^ "Profile: Lord Levy". BBC. 12 July 2006.
  13. ^ "UK appoints new Middle East envoy". BBC News. 3 August 2007. Archived from the original on 23 December 2023. Retrieved 6 August 2007.
  14. ^ Webster, Philip (20 April 2024). "Downing Street backing Levy amid fears he might 'implode'". The Times. ISSN 0140-0460. Retrieved 20 April 2024.
  15. ^ Jones, Owen (16 October 2020). "Writing an honest account of Corbynism and its defeat: my response to Len McCluskey". Medium. Retrieved 20 April 2024.
  16. ^ "Top Labour fundraiser Levy bailed". BBC News. 12 July 2006. Archived from the original on 15 March 2008. Retrieved 19 January 2011.
  17. ^ a b "Lord Levy". House of Lords. Archived from the original on 27 December 2010. Retrieved 23 January 2011.
  18. ^ "MP probes award to Levy ex-aide". BBC. 19 July 2006.
  19. ^ Martin Bell (24 May 2008). "Blinded by the light". The Guardian. London. Retrieved 23 January 2011.
  20. ^ Debrett's Peerage. 2019. p. 3346.
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