Richard Tice

Richard Tice

Credentials

  • Uppingham School. [1]
  • Quantity surveying and construction economics, Salford University. [1]

Background

Richard Tice is a multi-millionaire property developer and financier, who chairs the anti-EU Brexit Party, launched in April 2019 by Nigel Farage to contest the European Parliament elections. [2]

Richard Tice is a long-running pro-Brexit campaigner, which he has said would be a “very simple process.” He has called for a “no deal” outcome and the adoption of World Trade Organisation rules. [3], [4]

In August 2015, he co-founded the group Leave.EU, originally named “The Know,” with businessman Arron Banks, and served as co-chair. In May 2018, Leave.EU was given a maximum fine of £70,000 by the Electoral Commission for exceeding the statutory spending limit during the EU referendum campaign, with the group’s chief executive, Liz Bilney, being referred to the police. [5], [6]

Tice also donated £38,000 to Grassroots Out, a rival pro-Brexit group set up in response to conflicts between the two main campaigns, Leave.EU and Vote Leave, and in 2001 supported the leadership bid of Eurosceptic Conservative MP, David Davis, donating £1,750 to his campaign. [7], [8]

Along with business consultant John Longworth, Tice co-founded Leave Means Leave, a pressure group campaigning for a “hard” Brexit. Longworth now chairs the organisation, with Tice and Nigel Farage as vice chairs. Its political advisory board includes Conservative politicians Owen Paterson, David Jones, Sir Gerald Howarth, Peter Bone, and David Campbell Bannerman, as well as the former deputy editor of The Spectator and Daily Telegraph, Simon Heffer. Heffer is also a “Professorial Research Fellow” at the private University of Buckingham, known for its free-market ethos and ties to climate science denial. [9], [10], [11]

Leave Means Leave was previously based at 55 Tufton Street, along with numerous right-wing, free-market organisations, which were accused by a whistle-blower of mounting a coordinated campaign for a “hard Brexit.” Tice also has ties to UK 2020, a think tank set up by Owen Paterson also based at Tufton Street, having spoken at the organisation’s events and written a report for them on higher education in 2017. [12], [13], [14], [15]

Tice has written multiple articles for The Telegraph, arguing for a “no deal” Brexit, and is frequently quoted in the Daily Express. [16], [17]

According to his website, Tice has been a member of, and donor to, the Conservative Party for much of his adult life. Tice put himself forward as a Conservative candidate for Mayor of London but failed to make the shortlist. [18], [19]

Tice is also close friends with the pro-Brexit Labour MP Kate Hoey, who he has known for almost twenty years, according to Arron Banks’ book, The Bad Boys of Brexit. [20]

Tice is the grandson of Bernard Sunley, a major property developer and opencast coal mine owner. The charitable trust Sunley set up in his name and which is now run by the family makes hundreds of donations each year, including to the controversial Countryside Alliance, which supports fox hunting and has campaigned for the BBC presenter, Chris Packham, to be sacked. [21], [22]

Tice is a vice-chair of Uppingham School, the private boarding school he attended. Conservative MP Alan Duncan is also a trustee of the school. [23]

Business interests

Tice is CEO of Quidnet Capital, an asset management company based in Mayfair which manages £500m worth of real estate. It was revealed in August 2018 that Quidnet had lost out on a £250m real estate mandate to M7 Real Estate, a rival firm which has been a vocal opponent of Brexit. [24], [19]

The Times reported in December 2018 that Quidnet Capital was suing its former partner, Colony Capital, for £6.4m of unpaid fees it alleges it is owed. The founder and executive chairman of Colony Capital is Thomas Barrack, a billionaire ally of Donald Trump who chaired the committee overseeing Trump’s inauguration, raising over $100m in donations. [25], [26]

Tice is also director of numerous other real estate and financial services companies, many based at the same address in Berkeley Street, Mayfair, listed below under “Affiliations.” They include Bathurst Developments, which has caused controversy for holding land through a Bermuda-based trust, thereby avoiding tax liabilities, and Sunley Property LLP, which Tice runs with at least 7 of his relatives. [27], [28], [29]

Stance on Climate Change

Tice has not commented publicly on the issue of climate change besides claiming that the EU is responsible for “inefficient energy procurement.” [30]

Key Quotes

December 14, 2018

In an article published by The Telegraph, Tice advocated Britain adopting World Trade Organisation rules: [4]

Far from the panto-dramatics language of no deals and cliff edges used by the anti-Brexit gang, a World Trade deal simply means we will continue to trade with the EU and like most other countries around the world, we will do so under World Trade Organisation (WTO) rules.” [4]

March 29, 2017

In an article published by The Telegraph, Tice wrote: [3]

Let’s be clear, no deal is better than a bad deal, WTO rules are fine as a base case but of course the Government is right to try for a win-win trade deal with the EU. However suggestions that we should do any deal at whatever cost is unpatriotic and against Britain's interests.” [3]

November 11, 2015

Tice told Bloomberg: [24]

The biggest risk is staying in something that, frankly, is flatlining and not helping its citizens… I don't think there'd be any disruption at all. This is not cataclysmic.” [24]

Key Deeds

April 12, 2019

The Brexit Party, which Tice chairs, was formerly launched. [31]

July 27, 2017

Tice tweeted in support of President Donald Trump’s Director of Communications, Anthony Scaramucci, who was fired after just ten days in the job. [32]

August 2015

Tice co-founded Leave.EU with businessman Arron Banks. The group was originally named “The Know” and rebranded when an amended referendum question was proposed. [6]

Affiliations

Social Media

Publications

Resources

  1. Richard Tice. “Academies: a model education,” Reform, February 2008. Archived June 12, 2018. Archived .pdf on file at DeSmog.

  2. James Morris. “Brexit Party candidates list: The big names standing for Nigel Farage's new party at European elections 2019,” Evening Standard, April 24, 2019. Archived April 29, 2019. Archive.fo URL: http://archive.fo/YxAmC

  3. Richard Tice. “Of course no deal is better than a bad deal – I hope Theresa May has not abandoned this stance,” The Telegraph, March 29, 2017. Archived May 3, 2019. Archive.fo URL: http://archive.fo/LiT0u

  4. Richard Tice. “Time for the Prime Minister to pursue a “World Trade” Brexit,” The Telegraph, December 14, 2018. Archived May 3, 2019. Archive.fo URL: http://archive.fo/UIg1Y

  5. UKIP's Nigel Farage: I support both EU 'Out' campaigns,” BBC News, October 11, 2015. Archived May 3, 2019. Archive.fo URL: http://archive.fo/rqsjg

  6. Greg Heffer. “Leave.EU fined £70,000 and campaign chief referred to police over EU referendum spend,” Sky News, May 11, 2018. Archived May 3, 2019. Archive.fo URL: http://archive.fo/Q11fw

  7. Richard Tice,” Electoral Commission. Archived May 3, 2019. Archive.fo URL: http://archive.fo/FefAr

  8. Will Dean. “Faction stations: which Brexit campaign is which?The Guardian, January 31, 2016. Archived May 3, 2019. Archive.fo URL: http://archive.fo/pyyWW

  9. Richard Tice. “Stop the betrayal of Brexit. Join us on the March to Leave.” Conservative Home, March 10, 2019. Archived May 3, 2019. Archived .pdf on file at DeSmog.

  10. Who we are,” Leave Means Leave. Archived February 4, 2019. Archive.fo URL: http://archive.fo/7rihv

  11. Professor Simon Heffer,” University of Buckingham. Archived May 3, 2019. Archive.fo URL: http://archive.fo/IORpK

  12. Dominic Casciani. “Lobby group admits unlawful whistleblower dismissal,” BBC News, November 12, 2018. Archived May 3, 2019. Archive.fo URL: http://archive.fo/JFvGC

  13. Chloe Farand. “Mapped: Whistleblower Accuses Nine Organisations of Colluding over Hard Brexit,” DeSmog, July 23, 2018.

  14. Homepage,” Richard Tice website. Archived May 3, 2019. Archive.fo URL: http://archive.fo/ZhFnV

  15. Judith Burns. “Universities run cartel, says think tank,” BBC News, September 3, 2017. Archived May 3, 2019. Archive.fo URL: http://archive.fo/bLP29

  16. Richard Tice,” The Telegraph. Archived May 3, 2019. Archive.fo URL: http://archive.fo/AGErp

  17. Richard Tice,” Daily Express. Archived May 3, 2019. Archive.fo URL: http://archive.fo/hp0qK

  18. Donations,” Richard Tice website. Archived April 29, 2019. Archived .pdf on file at DeSmog.

  19. Mike Phillips. “Exclusive: Major Brexit Campaigner Loses £250M Real Estate Mandate And Sues Colony Over Fees,” Bisnow, August 29, 2018. Archived May 3, 2019. Archived .pdf on file at DeSmog.

  20. Arron Banks. “The Bad Boys of Brexit: Tales of Mischief, Mayhem & Guerrilla Warfare in the EU Referendum Campaign,” Biteback Publishing, October 2016. Archived .png on file at DeSmog.

  21. BERNARD SUNLEY, BUILDER, IS DEAD; British Philanthropist, 54, Aided Prince's School,” New York Times, November 22, 1964. Archived May 3, 2019. Archive.fo URL: http://archive.fo/zectY

  22. Bernard Sunley Charitable Foundation Annual Report 2013: p37,” Bernard Sunley. Archived May 3, 2019. Archived .pdf on file at DeSmog.

  23. The Trustees,” Uppingham. Archived May 17, 2019. Archive.fo URL: http://archive.fo/0sFYI

  24. Lianna Brinded. “'Britain should leave the EU because it's flatlining and not helping its citizens',” Business Insider, November 11, 2015. Archived May 3, 2019. Archive.fo URL: http://archive.fo/vZQFd

  25. Tommy Stubbington. “Brexiteer Richard Tice fights Trump ally for ‘unpaid’ fees,” The Times, December 16, 2018. Archived May 17, 2019. Archive.fo URL: http://archive.fo/2SP5p

  26. Michael Kranish. “‘He’s better than this,’ says Thomas Barrack, Trump’s loyal whisperer,” Washington Post, October 11, 2017. Archived .pdf on file at DeSmog.

  27. Richard James Sunley TICE,” Companies House. Archived May 17, 2019. Archive.fo URL: http://archive.fo/GEsjo

  28. READER'S LETTER: Chesterton development can avoid capital gains tax due to trust in Bermuda,” Wilts and Gloucestershire Standard, September 23, 2017. Archived May 17, 2019. Archive.fo URL: http://archive.fo/0aisd

  29. SUNLEY PROPERTY LLP: People,” Companies House. Archived May 17, 2019. Archive.fo URL: http://archive.fo/RdydX

  30. Richard Tice: Let UK embrace the world, not just Europe,” Evening Standard, April 14, 2016. Archived May 17, 2019. Archive.fo URL: http://archive.fo/UMJ71

  31. Benjamin Fox. “Brits are ‘lions led by donkeys’, Farage says at his Brexit party launch,” Euractiv, April 12, 2019. Archived May 17, 2019. Archive.fo URL: http://archive.fo/UCuRi

  32. Awesome new Trump hire! Watch Emily squirm as open hearted businesslike approach wins over silly chicken questions.” Tweet by @TiceRichard on July 27, 2017. Archived .png on file at DeSmog.

Other Resources

Image credit: Screengrab from BBC.