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Tuesday, 4th December 2007

At least Labour have money coming from somewhere

James Forsyth 3:42pm

One inevitable consequence of donor-gate is that Labour will find it even more difficult to raise money. If things were hard after the whole ‘cash for honours business’, just imagine how much worse it will be now. For a party, that’s £20,178,392 in debt this is a serious problem.

Guido, though, has found a silver lining for the Labour bean-counters. As all the deputy leadership candidates were required to give 15 percent of all money raised to the Labour party, Peter Hain will now presumably have to write Labour a cheque for 15 percent of his unregistered donations. Does this mean, though, that Harriet Harman's indebted campaign can get a rebate for the cheques that it has had to return to sender?

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Dave Bartlett

December 4th, 2007 8:56pm Report this comment

It'd be interesting to know how much Labour's losses in local gov't have cost them (I think Labour councillors are obliged to give a %age of their income to the party)

Nicholas Millman

December 4th, 2007 11:18pm Report this comment

Probably not as much as Labour's waste in local government (and RDA's)!

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