Lynton Crosby’s consolation prize

Theresa May’s ‘strong and stable’ election campaign was nothing short of a disaster for the Tories. But it isn’t all doom and gloom for everyone concerned. Step forward Sir Lynton Crosby. Crosby’s firm CTF Partners helped to mastermind the Conservative campaign. Although that didn’t play out exactly as intended, the company has just reported a profit of £4.46m for last year, according to a copy of the company’s accounts seen by Mr Steerpike.

CTF Partners’ profit rose by almost a million on the year before. As for that campaign, as revealed last month, Crosby’s campaigning firm charged the party £4 million for advice in the run-up to the general election campaign.

So while the election nearly cost Theresa May her job, and questions continue to dangle over how long the PM can cling on, Crosby’s firm has more reason to be upbeat about its prospects. In its accounts, the company says:

‘over the last financial year the company has continued to grow in terms of revenue, employees, expertise and profit.’

It’s a shame the same can’t be said for the Tories…