{"id":5949,"date":"2021-08-22T19:18:02","date_gmt":"2021-08-22T19:18:02","guid":{"rendered":"https:\/\/davelevy.info\/wiki\/?p=5949"},"modified":"2024-01-02T17:49:58","modified_gmt":"2024-01-02T17:49:58","slug":"labour-noughties-debt","status":"publish","type":"post","link":"https:\/\/davelevy.info\/wiki\/labour-noughties-debt\/","title":{"rendered":"Labour noughties debt"},"content":{"rendered":"<p>During the noughties, the Labour Party failed to generate the cash to win and fight elections, it had to borrow tens of millions. Here&#8217;s some reporting on it,<!--more--><\/p>\n<ol>\n<li><a href=\"https:\/\/www.theguardian.com\/politics\/2006\/mar\/16\/uk.partyfunding\">Blair plunged into secret loans crisis<\/a>\u00a0from the Guardian &#8211; Mar 2006, complaints from the Treasurer that loans were made in exchange for peerages, and without the knowledge of the Party Treasurer.<\/li>\n<li><a href=\"https:\/\/www.wsws.org\/en\/articles\/2006\/03\/loan-m21.html\">The \u201cloans for peerages\u201d scandal and the terminal decline of New Labour<\/a>\u00a0from the World Socialist Web Site<\/li>\n<li><a href=\"http:\/\/news.bbc.co.uk\/1\/hi\/uk_politics\/4836024.stm\">Capita boss quits over Blair loan <\/a>from the BBC. This articl styates that the Commons Constitutional Affairs Committee planned to call Lord Levy (no relation) to account for his role.<\/li>\n<li><a href=\"https:\/\/www.independent.co.uk\/news\/uk\/politics\/labour-bankrupted-by-secret-loans-431112.html\">Labour &#8216;bankrupted&#8217; by secret loans<\/a>\u00a0from the independent, alleging that defence costs for staff over cash for honours was a significant cause. Jan 2007<\/li>\n<li><a href=\"https:\/\/web.archive.org\/web\/20231120230659\/https:\/\/www.thetimes.co.uk\/article\/top-labour-backer-calls-in-pound2m-loan-as-donors-revolt-bkgkltb7pjk\">Top Labour backer calls in \u00a32m loan as donors revolt<\/a>\u00a0in the Times, Oct 2015, a shameful list inc. John &#8220;Mr Moneybags Lexit&#8221; Mills of richdonors deserting Labour after Corbyn&#8217;s victory.<\/li>\n<li><a href=\"https:\/\/www.independent.co.uk\/news\/uk\/politics\/labour-pays-ps25m-debt-and-abandons-move-out-westminster-a6750541.html\">Labour pays off \u00a325m debt and abandons move out of Westminster<\/a>\u00a0in the Independent Nov 2015, a month after Corbyn&#8217;s victory. The article claims that \u00a325m was paid off.<\/li>\n<\/ol>\n<p>There&#8217;s more to find, and this needs to be made into a story, because its happening again.<\/p>\n<p>It would be interesting to track the decline in individual membership from 1997 to 2005.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>During the noughties, the Labour Party failed to generate the cash to win and fight elections, it had to borrow tens of millions. Here&#8217;s some reporting on it,<\/p>\n","protected":false},"author":1,"featured_media":5361,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":"","_share_on_mastodon":"0"},"categories":[140],"tags":[142,1527,1304,141],"class_list":["post-5949","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-politics","tag-labour","tag-labours-money","tag-money","tag-politics-2"],"share_on_mastodon":{"url":"","error":""},"jetpack_featured_media_url":"https:\/\/davelevy.info\/wiki\/wp-content\/uploads\/2020\/11\/labour-money-w650.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/davelevy.info\/wiki\/wp-json\/wp\/v2\/posts\/5949","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/davelevy.info\/wiki\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/davelevy.info\/wiki\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/davelevy.info\/wiki\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/davelevy.info\/wiki\/wp-json\/wp\/v2\/comments?post=5949"}],"version-history":[{"count":2,"href":"https:\/\/davelevy.info\/wiki\/wp-json\/wp\/v2\/posts\/5949\/revisions"}],"predecessor-version":[{"id":10084,"href":"https:\/\/davelevy.info\/wiki\/wp-json\/wp\/v2\/posts\/5949\/revisions\/10084"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/davelevy.info\/wiki\/wp-json\/wp\/v2\/media\/5361"}],"wp:attachment":[{"href":"https:\/\/davelevy.info\/wiki\/wp-json\/wp\/v2\/media?parent=5949"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/davelevy.info\/wiki\/wp-json\/wp\/v2\/categories?post=5949"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/davelevy.info\/wiki\/wp-json\/wp\/v2\/tags?post=5949"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}