Electoral Commission changes the way it reports loans that aren’t really loans

I’ve blogged a few times about how the Electoral Commission has published figures for loans that aren’t really loans:

As is now traditional, the Electoral Commission is in fact misreporting its own figures…

You will find that this is actually the total figure for borrowing plus unused credit facilities. It’s as if I had an unused credit card with a £500 limit that’s never come out of the envelope and never been used, but you said, “Ah ha! You are borrowing £500.”

Well good news – the latest figures are out today, and – after raising it at several meetings and blogging about it – the Commission has now changed the way it is reporting them in order to make this distinction much clearer. Thank you!

Read more by or more about .
This entry was posted in News.
Advert

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.

If you are a member of the party, you can have the Lib Dem Logo appear next to your comments to show this. You must be registered for our forum and can then login on this public site with the same username and password.

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

Your email is never published. Required fields are marked *

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

Advert



Recent Comments

  • Andy Hyde
    Denying a constituency the chance to vote for us will only (a) weaken us in the long term in that area and (b) help to reduce the party’s national relevance. ...
  • Suzanne Fletcher
    Can I suggest that this excellent speech is put into a format that we ( meaning non techy people) can use, but the background music is much muted down, and leav...
  • nvelope2003
    Talking of coalitions immediately sends the message that we do not expect to win so will deter prospective voters from supporting us....
  • Alex Macfie
    Lorenzo Cherin: The experience of nations defined by ethnic/nationalist sectarian conflict isn't really relevant to the context of a progressive alliance betwee...
  • Nonconformistradical
    @John Marriott "Some of the outrageously optimistic statements that many ‘no hope’ candidates are often encouraged to make to the media quite frankly make ...