Lingerie tycoon Michelle Mone ‘to be made Tory peer’

A source told The Sun: “Michelle is thrilled and delighted. She proves strong, independent women in business have a vital role to play in our economy .

“And she will bring something new to the stuffy Lords. It needs shaking up.”

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Mone, from Glasgow, announced earlier this year that she was leaving Scotland after becoming caught up in an “extremely vitriolic social media hate campaign” due to her vocal support of the Union during the independence debate.

The 43-year-old, said to be worth £20 million, was awarded an OBE for her contribution to business in 2010.

In an interview last month Mone was asked about her proudest moment so far.

She told the newspaper: “Probably all the inventions I’ve created. I helped the Prime Minister with the referendum and in keeping the Union together. That was tough, but it had the most rewarding results.

“Also, receiving my OBE from the Queen. I never, ever thought I would get anything like that.”

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SNP MP Stewart McDonald, who represents Glasgow South, said on Twitter: “Yes, Michelle Mone is a successful entrepreneur, but to become a national legislator overnight without the fuss of an election is obscene.”

A Downing Street spokesman declined to comment on the report.

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