A university which is based in Cambridgeshire and Essex has been given £5m for a new business school.
Anglia Ruskin University, which has campuses in Cambridge and Chelmsford, received the donation from its chancellor, Lord Michael Ashcroft.
The money will be used to build the Ashcroft International Business School, in East Road, Cambridge.
Lord Ashcroft has been chancellor of the university since 2001 and made a similar sized donation in 2000.
The gift paid for the Michael A Ashcroft Building at the Rivermead campus, Chelmsford.
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