Steerpike Steerpike

Corbyn’s £50k Momentum loan written off

Getty images

When Jeremy Corbyn was battling to retain the Labour leadership back in 2016, Corbyn was given a helping hand from Momentum. The pro-Corbyn group handed Jez’s campaign a £50,000 loan to help in his bid to fight off Owen Smith’s challenge. With Corbyn’s time at the top now over, however, it seems that Corbyn will not have to pay back the money.

Already a subscriber? Log in

Keep reading with a free trial

Subscribe and get your first month of online and app access for free. After that it’s just £1 a week.

There’s no commitment, you can cancel any time.


Unlock more articles


Written by

Steerpike is The Spectator's gossip columnist, serving up the latest tittle tattle from Westminster and beyond. Email tips to or message @MrSteerpike

Topics in this article


Don't miss out

Join the conversation with other Spectator readers. Subscribe to leave a comment.

Already a subscriber? Log in