Peter Andrew Cruddas, Baron Cruddas (born 30 September 1953) is an English banker, businessman and philanthropist. He is the founder of online trading company CMC Markets.In the 2007 Sunday Times Rich List, he was named the richest man in the City of London, with an estimated fortune of £860 million. As of March 2012, Forbes estimated his wealth at $1.3 billion.

Origins. The Conservative Party was created in the 1830s by Robert Peel.However, some writers trace its origins to the Tory Party which it soon replaced, the name of which had originated as an insult in the reign of Charles II in the 1670s Exclusion Crisis.Other historians point to a faction, rooted in the 18th century Whig Party, that coalesced around William Pitt the Younger in the …