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

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

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

By Mark Pack | Wed 25th February 2009 - 12:33 pm

Follow @markpack

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 Mark Pack or more about electoral commission.
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.

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

Observations of an Expat: Gaza Sceptic (Tom Arms)
The Social Liberal Forum, a strategy for relevant liberalism (Roger Hayes and John Shreeve)
We need to send a message “We hear you” on illegal immigration (Oliver Jacques)
Why Andy Burnham would be foolish to turn his back on London (Sarah Olney)
From Britain’s Mandate to Gaza’s Board of Peace: when others decide Palestine’s future, Palestinians pay the price (Jonathan Brown)

Advert

Recent Comments

Chloe
Nonconform. How did they get to France in the first place ? They've past numerous free countries, & if I was in genuine fear of my life I'd be happy to reac...
Nonconformistradical
@Jana "We should equally be clear that anyone seeking to leave France to claim asylum in the UK is not fleeing a genuine threat to their lives…they are just ...
Pawel Urbanski
Thank you Sarah - this needed saying. I run high-street small beauty businesses in London, and the "wealthy London" framing misses what operators actually see. ...
Chloe
Peter, we've heard a lot about the positive aspects of immigration in regards to economic benefits. We've had year on year record net migration and many people ...
Kevin Hawkins
Here is my usual monthly summary of the last fifty local by-elections. Although Labour seem to have overtaken Reform in opinion polls this is not yet showing i...