In a recession, I suppose it could be called a brave gesture to put £50k of your own money into a new political party. Less so, perhaps, if you're valued at £30m and are more interested in making a gesture than in really changing anything. Sir Paul Judge and three others, contributing an absolute maximum between them of £200k, are hoping that their new internet-based party the Jury Team to field candidates in forthcoming elections.
The Times gives the launch a decent write up this morning. As a gesture it's on a par with David Davis' resignation and re-election; you can't argue with it on principle but it's hard to see what good it will do.
It's not enough to be against sleaze, corruption and the corrosive growth of the political class; you actually need to be for something as well. Establishing a fund to help independent candidates fight seats on local issues with local support is one thing - and a move I'd unequivocally support - but a national party list of anti-sleaze candidates supported by Obama-like small internet donations is unlikely to do more than distract from the main job right now of getting Labour out of power and keeping them out for half a century.