When you read these figures you really see why the Labour and Conservatives parties don't want proportional representation as it would mean another pig in the trough.
Also brings into question on how you can trust political parties with a nations finances when they get 20 million pounds a year given to them and still be 10 million pounds in debt. .
Table 2: Public Funds in 2012All public funds paid to political parties during the year 2012.
In brackets is the name of the body responsible for paying the provision.
(House of Commons)
(House of Lords)
Policy Development Grants
Conservative and Unionist Party
Plaid Cymru - The Party of Wales
Scottish National Party (SNP)
Nice little earner for the Labour party why would they want to share that out? Not forgetting that when the Conservatives go into opposition they will get the funding instead.
Then you have the donations.
Table 1: Donations received by parties during the year 2012
The table below provides total for donations received by parties in 2012. Donations include cash, non-cash, donations from exempt trusts, visits, donations from impermissible and unidentifiable donors.
Figures are rounded to the nearest pound and are subject to changes if donations are reported late in the future.
|Conservative and Unionist Party|| |
|Labour Party|| |
|Liberal Democrats|| |
|Co-operative Party|| |
|Scottish National Party (SNP)|| |
|UK Independence Party (UK I P)|| |
|British National Party|| |
|Green Party|| |
|The Socialist Party of Great Britain|| |
|Plaid Cyrmu - The Party of Wales|| |
|Don't Cook Party|| |
|Scottish Green Party|| |
|Grand Total|| |
So now Labour has nearly 8 million pounds given to them by the state and 12 million pounds in the main part given to them by the unions. If you look at the break down 90% of Labour donations are from the unions.
Would you think they would be in debt? Well here is their credit balances.
Table 7: Loans outstanding by parties as at 31 December 2012A loan is an agreement where a person (or organisation) makes a loan of money to the party. The conditions of the loan are agreed by the party and the lender. Parties are required to report not only the loan but also changes to the agreed terms and conditions, including when a loan ends. The amount displayed is the total amount to be lent under the agreement (not including interest).
|Party||New loans (£)||Loans repaid or converted into donations (£)||Total loans outstanding (£)|
|Christian Party “Proclaiming Christ’s Lordship”||0||0||200,000|
|Conservative and Unionist Party||15,000||1,789||2,619,796|
|English Democrats Party||0||0||108,041|
|People’s Party for Better Government||0||0||7,800|
|Plaid Cymru – The Party of Wales||0||0||69,413|
|Scottish National Party (SNP)||0||0||161,553|
|Scottish Socialist Party||0||0||63,000|
|UK Independence Party (UK I P)||87,000||80,000||7,000|
So Labour has 20 million pounds of donations and public money, yet have loans nearing 10 million pounds. Obviously some of these so called loans can be donations given as loans that will never be asked to be paid back. But just how much money do these parties want and get from us the tax payer.
Table 8: Credit facilities outstanding by parties as at 31 December 2012 A credit facility is an agreement where a registered party is entitled to receive a loan of money from time to time from another person (or organisation). The credit facility will generally have an upper limit specified in the credit facility agreement. Examples of common credit facilities include overdrafts and credit cards. The amount displayed is the maximum that can be borrowed and not the amount that is drawn upon at any one time.
|Party||New credit facilities (£)||Reduction of credit facilities (£)||Total credit facilities outstanding (£)|
|Conservative and Unionist Party||0||0||10,161,000|
|Plaid Cymru – The Party of Wales||0||0||350,000|
|Scottish National Party||0||0||2,500|
|Scottish Socialist Party||0||0||10,000|
This is where the Tories hide their debts. Makes for interesting reading and just how much money the political parties get. This is before they even start claiming their own allowances as MPs.
Your thoughts if you would like to leave a comment.