Number 10 has refused to comment on claims that David Cameron is to give peerages to leading Conservative supporters including West Ham United vice-chair Karren Brady and former Marks & Spencer chairman Sir Stuart Rose.
We won't be confirming anything in advance. Honours and appointments are made in the usual way through the independent honours committees."
Sky News reported that the pair are among a list of 20 "working peers" nominated by the political parties to be named next weekKarren Brady. Also on the list was major Conservative donor and former party co-treasurer Michael Farmer, the broadcaster said.
More top news
Residents have been evacuated and an explosives team called in as police carry out a search linked to the Manchester Arena attack.
Former athletes who were treated as 'lab rats' in a state-sponsored programme of doping in East Germany are speaking out.
A nurse has told ITV News how the courage of the Manchester bombing victims gave her the strength to carry on.