Well, well, well. The SNP’s annual accounts for 2022 are out and it’s not looking good. The party recorded its largest ever deficit of more than £800,000 in the last year of Nicola Sturgeon and Peter Murrell’s reign. As if we didn’t need any more evidence that the Nats aren’t good with their money…
While the nationalists spent less than they did in 2021 – a still hefty sum of over £5 million – they didn’t manage to bring in quite enough income. Collecting just £4.25 million, the SNP deficit of £803,659 is up by almost £100,000 from 2021. Party officials received a mere £144,000 cash in hand in 2021 – a figure which slumped to £40,000 last year. Annual donations made to the Nats fell by almost half, from £695,000 to £368,000. Mr S is hardly surprised that SNP members are feeling less generous, however. They still haven’t figured out where their last big donation went…
Party funds have clearly taken a hit by the membership exodus, with a third of the SNP’s activists departing in their droves since 2021.
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