It’s taken the avid publicity seeker Russell Brand less than twelve months to go from channeling wealthy, elitist leftie Tony Benn to channeling capitalist’s conscience money into his own growing bank account. Russel Brand’s journey from comedy leftie to hypocritical twat has been quicker than any before.
When Russell Brand wanted to film himself confronting bankers about their bonuses, he chose to storm RBS, regarding the bank as the very embodiment of the capitalist system he so despises.
But, not for the first time, Brand has left himself open to accusations of hypocrisy after it emerged the film company he set up is largely funded by City investors – including a former RBS banker.
Brand raised almost £1 million by issuing shares in Mayfair Film Partnership Ltd, the production company making his next film, a documentary called Brand which will explore his ideas on the redistribution of wealth.
At least 11 of the 21 main investors in the company are current or former employees of banks or other financial institutions, while a 12th is a pension fund.
They were all able to claim tax relief by offsetting the money they invested in the shares against their income tax, as part of a government scheme to attract investment in high risk start-up companies.