Conservative party finances worsening

Our place to talk – an independent website for supporters of the Liberal Democrat party in the UK.

The most-read independent website by and for Lib Dem supporters. Not paid for by trade unions or millionaires.

Advert

Conservative party finances worsening

By Helen Duffett | Mon 8th December 2008 - 8:45 am

Follow @helenduffett

As Mark blogged here last week, Conservative Party headquarters are having to lay off staff and look more closely at their finances.

Now ConservativeHome reports that the situation is getting worse, with the headline: “Waste, over-spending and poor revenue strategies contribute to CCHQ’s deteriorating financial position”

To paraphrase George Osborne (and Fraser Nelson in the News of the World) the Tory leadership did not fix the party’s finances during the good economic times and are now facing very difficult decisions as a consequence.

Fraser suggests that overall income is down by 10%, that the number of £50,000 donors may have halved and that David Cameron has personally authorised up to £2m of extra expenditures, none included in the budget for the year.

The credit crunch is obviously not Conservative Party’s fault but the effect would have been more limited if there were better financial controls and a more strategic view at CCHQ.

Read the full story here.

Read more by Helen Duffett or more about ConservativeHome or david cameron.
This entry was posted in News.

Advert

One Comment

James Graham 8th Dec '08 - 11:31am

Don’t forget to LibDig these things when you come across them Helen! 🙂

Post a Comment

Lib Dem Voice welcomes comments from everyone but we ask you to be polite, to be on topic and to be who you say you are. You can read our comments policy in full here. Please respect it and all readers of the site.

To have your photo next to your comment please signup your email address with Gravatar.

Your email is never published. Required fields are marked *

Name *

Email *

Website

Comment

Please complete the name of this site, Liberal Democrat ...?

Most Read

Op-eds

Huge victory for Campaign for Gigi (Tom Morrison)
Andy Burnham’s record on policing: Success story or missed opportunity? (Iain Donaldson)
Burnham: Strategic implications (Paul Reynolds)
The Brexit Referendum – 10 years on (Callum Robertson)
One year on, and I’m still finding it hard to feel pride (Rebecca Jones)

Advert

Recent Comments

Jana
@Chris Cory “ any result it throws up is fine and shows our democracy is in good shape” No, any result is not ‘fine’ - it may be very unpalatable - ...
Peter Black
@Simon McGrath nobody on the doorstep thought that our budget deal was'keeping Labour in power'. It did not come up at all. Remember that, unlike Wimbledon, Wal...
Nigel Quinton
@Paul why do you say this will be a return to two party politics? Even if Reform diminish, surely Labour and Tory are now shadows of their former selves? LibDem...
Chris Cory
@Jana. It would seem that all you require of a democracy is a vote every 5 years and that any result it throws up is fine and shows our democracy is in good ...
Jana
@Chris Cory “ we have a crisis of democracy which is manifesting itself in increasing support for extremists on the left and right” No, it is not a cris...