Teacher:In this task, you are given a text of many news articles seperated by special token "|||||". Your task is to summarize them.
Teacher: Now, understand the problem? Solve this instance: New to the Financial Times? 
  
 Enjoy 7 days of free access with a Guest Pass ||||| Guests distance themselves from charity and hospitals say they will return donations 
  
 Presidents Club to close down after claims of harassment at ‘hostess’ gala 
  
 A charity that counted billionaires, celebrities and politicians among its high-society patrons has been forced to close down after “deplorable” revelations about a men-only fundraising dinner where hired hostesses were allegedly groped and sexually harassed. 
  
 Guests rushed to distance themselves from the Presidents Club charity, while beneficiaries including Great Ormond Street children’s hospital vowed to hand back donations, as they reacted to reports of behaviour by wealthy guests at an annual dinner hosted by the comedian David Walliams. 
  
 Amid mounting anger at details of an event whose guest list featured luminaries of the British establishment such as the retail tycoon Sir Philip Green and the Dragons’ Den entrepreneur Peter Jones, the charity announced it would distribute its remaining funds and close down. 
  
 The education minister Nadhim Zahawi was reprimanded for attending the lavish dinner without reporting any concerns, while Theresa May’s spokesperson said she was “appalled” about allegations of what had taken place. 
  
 The charities rejecting Presidents Club donations over scandal Read more 
  
 At the Presidents Club event at London’s exclusive Dorchester hotel last Thursday, guests dined on smoked salmon with caviar and 34-day-aged beef, accompanied by Dom Pérignon champagne, before bidding in an auction to raise money for good causes. 
  
 But according to an investigation by the Financial Times, members of the all-male guest list subjected some of the 130 women employed as hostesses for the evening to sustained sexual harassment. 
  
 An undercover FT reporter, Madison Marriage, said she was groped repeatedly and other women were invited by diners to join them in hotel bedrooms. One of the women, who were selected to serve guests provided they were “tall, thin and pretty”, said an attendee exposed his penis to her. 
  
 Two days before the dinner, staff were allegedly informed their phones would be “safely locked away” and were told to wear black underwear to match short, black skirts they were given for the evening. The women were allegedly plied with wine, made to sign non-disclosure agreements and led back to the ballroom if they spent too long in the toilets. 
  
 Lots offered in the auction included a night at Soho’s Windmill strip club and a course of plastic surgery accompanied by the slogan: “Spice up your wife.” 
  
 Zahawi was summoned to see the Conservative party’s chief whip and given a dressing down, after Downing Street came under pressure to condemn his decision to go to the event, A Number 10 source said he would be “reminded of his responsibilities”. 
  
 Earlier, Theresa May’s spokesperson had backed the MP, saying: “My understanding is that Mr Zahawi clearly did attend the event briefly and has himself said he felt uncomfortable at it at the point at which the hostesses were introduced by the host.” 
  
 But as more details of the event emerged, the whips, who are responsible for party discipline, appeared to have decided Zahawi made an error of judgment in accepting the invitation. 
  
 A No 10 source said: “The prime minister is appalled by what has been reported. This shows there is a long way to go to ensure all women are treated properly as equals.” Westminster has been rocked by a series of sexual harassment allegations in recent months, and Downing Street is keen to avoid the perception that the government does not take the issue seriously. 
  
 May is attending the World Economic Forum in the Swiss ski resort of Davos, where she will give a speech on Thursday. 
  
 Senior figures from the worlds of business and politics lined up to condemn details of the event. Carolyn Fairbairn, director general of the business group the CBI, said: “If even half of what’s been written about this event is true, it is deplorable and confirms how far we have still to go to stamp out sexual harassment.” 
  
 The Labour MP Yvette Cooper, chair of the home affairs select committee, said: “Is this what these men demand in order to donate to charitable causes? Utterly appalling and shameful.” 
  
 Great Ormond Street hospital, which received £530,000 from the Presidents Club between 2009 and 2016, said it was shocked and would return the donations. Evelina London children’s hospital followed suit, rejecting £400,000 pledged last Thursday by the restaurant tycoon Richard Caring, whose name was to be inscribed on a high-dependency unit. 
  
 Caring said he was not aware of or involved in any of the reported behaviour, having arrived late at the dinner and left early. 
  
 The business lobby group the Institute of Directors branded the event “disgusting and deplorable”, while Britain’s biggest trade union, Unite, called for an urgent investigation by the Charity Commission. 
  
 Unite also called for the reinstatement of harassment provisions in the Equality Act, which it said had been axed by the Conservatives. The Tory MP Maria Miller, chair of the women and equalities select committee, had earlier called for the act to be strengthened. 
  
 Timeline Sexual harassment: how legal protections have been lost Show Hide The government introduces employment tribunal fees of £1,200, causing the number of cases to drop. It is later forced into a reversal after the supreme court rules the fees are inconsistent with access to justice, following a legal challenge by the trade union Unison. The government scraps a legal requirement for employers to protect their workers from abuse by third parties such as clients or customers. The government abolishes an equality questionnaire that allowed sexual harassment claimants to ask questions about a potential claim before going to a tribunal. In a government consultation before the move, 80% of respondents opposed the proposal. The Deregulation Act removes employment tribunals' powers to make recommendations for the benefit of the wider workforce following complaints. 
  
 In a statement on Wednesday afternoon, the Presidents Club trustees said the charity “will not host any further fundraising events. Remaining funds will be distributed in an efficient manner to children’s charities and it will then be closed.” 
  
 The dinner’s guest list was dominated by property industry tycoons, bankers, celebrities and politicians, including Zahawi and the Labour peer Jonathan Mendelsohn. 
  
  
  
 MP calls for tougher laws after women 'groped' at men-only charity gala Read more 
  
 A Labour spokesperson said: “Lord Mendelsohn attended part of the dinner as president of a charity that received support from the event. Lord Mendelsohn did not see any of the appalling incidents described in the report but he unreservedly condemns such behaviour.” 
  
 A spokesperson for Jeremy Corbyn said the reports were “appalling”, adding: “It’s a gross example of sexual harassment under this organisation’s umbrella.” 
  
 In response to an urgent question in the House of Commons, the education minister Anne Milton said the club’s joint chair David Meller had stood down as a non-executive director of the Department for Education and chairman of the government’s apprenticeship delivery board. 
  
  
  
 The Labour MP Jess Phillips, who posed the question, said: “What happened is that women were bought as bait for men who were rich men, not a mile from where we stand, as if that is an acceptable behaviour – it is totally unacceptable.” 
  
 This men-only charity gala is a stain on the sector | Daniel Fluskey Read more 
  
 Businesses that supported the Presidents Club, including the global advertising group WPP and the real estate fund manager Frogmore, cut ties with it. 
  
 Walliams, who hosted the event, said: “I was there in a strictly professional capacity and not as a guest. I left immediately after I had finished my presenting on stage at 11.30pm. I did not witness any of the kind of behaviour that allegedly occurred and am absolutely appalled by the reports.” 
  
 A guest list seen by the Guardian included figures ranging from the billionaire Sir Philip Green to the Dragons’ Den entrepreneurs Peter Jones and Theo Paphitis, and Tim Steiner, chief executive of the grocery delivery firm Ocado. 
  
 Patrons of the event listed by the Presidents Club included the Formula 1 magnate Bernie Ecclestone, while the property developer Nick Candy was a patron until the end of 2017. 
  
 Additional reporting by Sarah Marsh and Jamie Grierson |||||
Student:
The charity organization responsible for a dinner and auction that's been skewered in the British House of Commons this week will close its doors. Trustees of the 33-year-old Presidents Club announced Wednesday the organization will shut down once its remaining funds are "distributed in an efficient manner to children’s charities," per the Guardian. However, it's not clear if charities are even willing to accept funds tied to the men-only Presidents Club Charity Dinner, where an undercover Financial Times reporter described female hostesses subjected to repeated sexual harassment including groping. Evelina London Children's Hospital has already refused a a $570,000 donation from last Thursday's event, while Great Ormond Street Hospital says it will return $750,000 donated by the Presidents Club between 2009 and 2016. The Bank of England, Tesla, and BMW also revoked prizes auctioned off at the event, alongside lots for a night out at a strip club and a dose of plastic surgery to "spice up your wife," reports FT. Global advertising group WPP and real estate fund manager Frogmore similarly cut ties with the Presidents Club as politicians derided the event attended by key British figures including billionaire Sir Philip Green and education minister Nadhim Zahawi, who was reportedly reprimanded. A spokesperson for Prime Minster Theresa May says she was "appalled" by the reporting, while a spokesperson for Labour Party leader Jeremy Corbyn said the event was "a gross example of sexual harassment under this organization's umbrella." The Charity Commission, a government body regulating charities, is investigating.