Labour’s lost millions?

But this is unfortunate timing … As the FT reports on the Tories foreign funding, FT reports on the Tories billionaire foreign funding (£), and the Guardian reports on Labour’s righteous attack where Annaliese Dodds is put up to make this point on the day that the Times, runs the story (£) , another unfortunate leak, for which we will have no leak enquiry, that Labour is doing the same.

This is a multi-million pound problem, rich donors cannot solve this problem, even if was desirable. Labour needs £2.7m per month to cover its running costs. Sorry about the paywalled articles. …

Labour’s money, where’s it gone?

Labour’s money, where’s it gone?

The Labour Party has launched a redundancy programme which may or may not be linked with plans to consolidate English based staff into three English hubs. It’s doing this because it’s short of money reportedly down to one month’s reserves. In Dec 2019, it had reserves of £16 million. How did it move from the richest party in the country to this? The short answer is that it’s lost a lot of members and lost a lot of “Short” money. The rest of this blog article looks at why it's now short of money.