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Sebastian Shakespeare: Cameron’s crony Michael Spencer woos pop star Cheryl with a £500,000 gift to her children's charity

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David Cameron’s plan to reward crony Michael Spencer with a peerage in his resignation honours list was blocked by the Cabinet Office, but the tycoon’s other relationships flourish. I can reveal that Spencer is enjoying a blossoming friendship with Geordie pop star Cheryl Fernandez-Versini. His financial brokerage Icap has donated…

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