imlach

Given a political party has no income other than donations & loans, how do they pay this £14m back?

More loans?

Or do the 'lenders' just forget about it over time, and in reality, it's a donation (ie, in through the back door).

ReallyReallyGoodMeat

I believe they consolidate all their existing loans into one manageable monthly payment. They even had enough left over for a holiday to Greece!

jasey

I was thinking the very same thing this morning.

Loans are probably written off as bad debts .

Even more interesting - how is the loan to be paid back if you forgot to mention to the Treasurer that the loans have been taken

Petem95

More stealth taxes?... Im sure they'll find a way of laundering some MP's expenses or something to pay off the partys debts. This NL after all.

imlach

No, the political party is distinct from government. They cannot use government funds to fund the political party.

The Zohan

Yes, my understanding is that they where advised to do this in the form of a loan so not to be seen as donating to the Labour party.

Also Labour do not have the resources to pay back the loans for very long if at all.

According to the ex head of a Labour party funding committee on R5 live yesterday.

I understand Labour are going to look into changing the way things are done, well only because they where caught again with the pants down!

Whilst maybe not illegal certianly immoral - Labour, the party who where going to do away with sleaze, didin't Blair make that pledge along with a lot of others to get ellected all those years ago - Pull the other one Tone - ya days are numbered!

Only a few weeks ago there was the scandal of unfit people being allowed to teach in our schools and we only found out about it because of the press/Police.

We have people on probation killing and raping as they like - Probation Labours the answer to overcrowding in prisons!

StickyMicky

i heard on the radio this morning that the conservatives have refused to tell how many/much they got in loans as well

so lets not get any any high horses, there all as bad as one another

jasey

The lib dems aren't - nobody will lend them any money

They just lie to their wifes about being gay

The Zohan

You presume to much sir! - Who is on any high horses, the conservatives need to put their house in order as well. Conservatives have a new leader who has a chance to put things in order and i hope he does!

However, Labour are in power and making the decisions. They promised to put an end to sleaze - not seen any signs of this 9 years on!

David Lock

Cherie goes off and gives a couple of lectures......

imlach

BBC News :
HAHAHA.

David Lock

I think that's more the Liberal way of doing things

The Zohan

Hmm, the party that was led by a lying pisshead who would not admit it event when it was staring him in the face, other great Libs such as David lloyd George - the man who reinvented 'Cash for Coronets' and a load of homo's who just will not come out of the closit.

http://www.guardian.co.uk/ashcroft/s...500030,00.html
They have all been at it and Labour still are

Boy do we need a new political party!

jasey

Time for Markus' BNP Lite

OllyK

But the Conservatives aren't curently in a position to reward it's lenders with a position in the House of Lords IIRC.

unclebuck

unclebuck

I'm voting BNP - Lite or otherwise... Had enough of the others

ScoobyDoo555

umm, perhaps I'm being cynical, but the party does pay the loan back......

"Thank you for your VERY generous loan, Lord XYZ"........

Dan

sleaze

Leslie

They never intend to!

Les

DazW

iTrader: (1)

No, but we have no idea what influence donations made pre '97 though do we ...as there were no rules governing it! ...hence Lord Neill's committee on standards in public life.

Petem95

If the BNP could improve their image, and make it clear that they have policies that are attractive to hard working people in Britain, whether they are asian, black as well as white, then they'd be onto a winner.

Their main problem is that they are demonised by the media (especially by the Blair Broadingcasting Corperation- BBC), and clearly they do have some undesirables in their ranks.

It seems many of their policies are EXACTLY what hard working Britans want.

lozgti

One businessman made such a loan(according to the papers).

His company was lucky enough to win £1billion of government contracts.I'm pleased it worked out for him.

Markus

That was my idea behind BNP Lite. Get rid of the "bash a wog" types, and some of the more hard line policies, and then you could well have a party with policies that appeal to many more than the current BNP policies. I would like to vote BNP, and probably would, however, you mention to the majority that you voted for them and you're instantly thought of as being a racist thug.

ScoobyDoo555

The story that made me chuckle today, was one of the suggestions to abolish the loans/donations system, and start charging £3 per vote - from the voter!!!

Don't know whether or not it is true, but HAHAHAHAHAHAHA!!!!

Dan

paulr

If you give a car dealer 10k and he gives you a car its not a loan.
If you give the governemt 100k and he gives you a peerage....................

Alas

Trucker Ted

If you swap the word loan for backhander and think of it more of an investment and then enjoy the benefits of peerage or like said before the nice big juicy contracts rolling in the door!!

Politicians there all rotten to the core

^OPM^

been thinking about this-you 'loan' them 1 million quid-u become a lord then-how much does a lordship pay in wages? then u have a cast iron pension plan! plus all ur other little expenses etc-must certainly be making more back per annum then u could ever hope for by sticking money in bank or even in stock market! seems a sound investment-if i win lottery i think i will earmark a million for a lordship