Teacake tycoon, Boyd Tunnock, has been revealed as the mystery donor of a luxury Rolls Royce car to Glasgow City Council.

Speculation has mounted as who the generous benefactor was ever since the Evening Times revealed the anonymous donation earlier this week.

The city council has steadfastly refused to name the previous owner stating it was accepted on the basis the donor remained anonymous. However, Mr Tunnock, head of the Tunnock’s bakery business in Uddingston can be revealed as the donor.

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His family made a fortune selling teacakes and caramel wafers around the world.

The iconic teacake with its red and silver foil wrapper even featured in a dancing the opening ceremony of the 2014 Commonwealth Games.

The Evening Times attempted to contact Mr Tunnock last night through the business but was unsuccessful. A statement is expected later.

The car, worth in excess of a quarter of a million pounds, will be used to ferry the Lord Provost around the city and for visiting VIPs on official engagements.

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However yesterday on a visit to the Rennie Mackintosh tearooms in Glasgow the Lord Provost used the Volkswagen Phaeton the Rolls is expected to replace. It is also understood the Labour councillor who brokered the deal is Govan representative John Kane.    

He approached the council on behalf of Mr Tunnock last year to inform officials of the proposal.

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Mr Kane has not been available for comment. The Evening Times also revealed the decision to accept the gift was taken by council chief executive Annemarie O’Donnell after she carried out diligence to ensure the gift was within rules and the council was not compromised in accepting it.

Mr Tunnock is a known car enthusiast with a collection of classic and luxury cars.

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A spokeswoman for the council, said: “When the donation was offered, it was made clear the donor wished to remain anonymous. “The chief executive of the council personally carried out a diligence exercise; looking into the donation and donor.

“She was of the view that there was no conflict and that it was to the city’s benefit to accept the gift. “On that basis, she was content to agree to the donor’s request for anonymity.”