Tag Archives: donations

Money matters to our party

It is impossible to run a political party or an election campaign without the necessary financial resources. Political parties have three major sources of income: member subscriptions, trade union contributions and donor support.

The alternative to such sources of revenue is for the state to provide tax payer support, or for campaigning spend to be very strictly curtailed, or a combination of both.   The first of these alternatives, particularly if substantial sums were involved, would certainly not be popular with the wider public.   The second would require a major reform of political expenditure, and currently does not have the support of Labour or the Conservatives.

Not everyone is comfortable with the idea of donor fundraising for a variety of reasons, including fears of undue donor influence by high net-worth donors, but we Liberal Democrats pride ourselves on the powerful protocols we have in place to protect the Party from any such risks.

It is imperative we encourage and value our individual donors for their support, both historically and going forward. The Party has a range of structures to enable that engagement, supported by a dedicated team in Party HQ.  The Fundraising Board, chaired by the current Party Treasurer and my successor, Tilly McAuliffe (in photo), drives this part of work, but we are supported by a range of networks to develop our relationships further including the Liberty Network, the Business & Entrepreneurs Network and the Legacy Society.

One of the most important and strategic examples of donor engagement in recent times was Andrew Dixon’s two-step initiative in the summer of 2019. With a General Election on the horizon, Andrew firstly undertook an extensive business outreach exercise – Project Phoenix – building key relationships around Party objectives, primarily our stance on Brexit, our deep engagement with business and our pursuit of a strong economy in which business can flourish.

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Lib Dem donation figures in full (Quarter 1, 2012)

The Electoral Commission has recently published the latest donation and borrowing figures for the political parties, showing that the Lib Dems raised £606,724 between January and March this year.

(At the foot of this post is the full breakdown of donations (excluding public funds) received by quarter since 2005, and annually between 2001 and 2004. I’ve uploaded a public Google spreadsheet of all Lib Dem donations between 2001 and 2011 available here; and a separate one for the first quarter of 2012 available here.)

By comparison, the party raised £698,875 in the first quarter of 2007 (the equivalent …

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10 things you might not have known about party political funding over the last decade

The Electoral Commission website is a data-mine of information for those interested in all aspects of party political funding.

For those who’d rather not get their hands dirty doing the mining themselves, below you’ll find 10 interesting (in my opinion) facts I discovered there.

But for those of you interested in excavating further, I’ve uploaded Google spreadsheets of the three main parties’ donations received between 2001 and 2011 (incl.):

And here are those 10 interesting facts I promised you…

1) In total, the Lib Dems raised £33,742,984 in donations from 2001-11. This compares with £173,742,956 for the Labour Party, and £182,418,146 for the Conservatives.

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Lib Dem donation figures in full (Q3, 2011)

The Electoral Commission has this past week published the latest donation and borrowing figures for the political parties, showing that the Lib Dems raised £1,199,623 between July and September this year.

(At the foot of this post is the full breakdown of donations (excluding public funds) received by quarter since 2005, and annually between 2001 and 2004.)

By comparison, the party raised £571,715 in the third quarter of 2006 (the equivalent stage of the parliamentary cycle), suggesting a far more sustainable level of fundraising success is now being achieved; although the party has been hit very hard since its move …

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The Independent View: Labour is a puppet of the unions – Lib Dems must stand up for non-unionised workers

As a member of the Dutch liberal party the VVD who was studying in the UK during the last election, I was pleased that the Lib Dems formed a coalition with the Conservatives. Yet I feel that a strategy that distinguishes the party from Labour is just as important as one that distinguishes the Lib Dems from the Tories.

Instead of stressing coalition differences, the Lib Dems have the opportunity to show that they are a true alternative to Labour. The Lib Dems should stress that, unlike Labour, they protect ordinary workers by deregulating the labour market, and do not …

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And in other news…

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A quiet revolution in political party finance

As the Financial Times reported earlier this week (expanding on a point Stephen has made previously):

The party said it had raised more than Labour from individual and corporate donors in five out of the past six quarters. In the second quarter of this year the party attracted £850,000 against £300,000 for Labour, which is now majority financed by money from the big unions.

As far as I’m aware, this is the first time the Liberal Democrats have been raising more money from non-trade union sources than the Labour Party, which is a major change from the previous well-established and …

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Lib Dem donation figures in full (Q1, 2011)

The Electoral Commission has this past week published the latest donation and borrowing figures for the political parties, showing that the Lib Dems raised £810,029 in the first three months of this year.

(At the foot of this post is the full breakdown of cash and non-cash donations received by quarter since 2005, and annually between 2001 and 2004.)

By comparison, the party raised just £219,915 in the first quarter of 2006 (the equivalent stage of the parliamentary cycle), suggesting a far more sustainable level of fundraising success is being achieved; although the party has been hit very hard since …

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Tory donor, tax affairs, Oakeshott on the case: some things haven’t changed

Liberal Democrat peer Lord Oakeshott is clearly not put off by coalition from his pursuit of Tory donors and their tax statuses. Today it is Jon Wood, whose tax affairs have been in the papers with Lord Oakeshott saying, “Now is the time to take big money out of British politics”. You can read more here.

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Conservatives forfeit £101,500 in donations

Two illegal donations totalling £101,500 dating back to 2004 and 2006 have been forfeited by the Conservative Party.

The issue came to light after it was revealed that over £1m in donations taken by the Conservative Party and booked as being from RF Trustee Co Ltd were not in fact donations from the company but from a series of individuals.

As a result, the Conservative Party re-examined the donations and discovered it had accepted £1,500 in 2004 from an unidentifiable source and £100,000 in 2006 from Mrs Joanna Kate King, who was not on the electoral register at the time.

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By slimmest of margins Supreme Court overturns UKIP donations ruling

A quick update on our previous coverage of the court case over more than £350,000 of impermissible donations accepted by UKIP. Last month the Supreme Court ruled in UKIP’s favour, reducing the amount UKIP has to repay to just under £15,000.

Although on a strict narrow literal reading of the legislation wording all impermissible donations have to be forfeit, by a 4-3 ruling the Supreme Court decided that the word “forfeit” is  used in an unusual way in the wording of the legislation and that the wider context shows that the total of impermissible donations is the maximum that …

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How the central finances of parties have been panning out

The following three graphs are from the Electoral Commission and show income and expenditure for the three main political parties as reflected in their annual accounts. There are some important exceptions to what they show, such as the money brought in and spent directly by election candidates, though from what I know of these exceptions they paint a similar picture to those annual accounts of the relative trends over time.

As Stephen has often noted on this site when reporting on the quarterly donation figures, the Liberal Democrat figures show a consistently higher level of income in this Parliament than …

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Why I’m sticking up for the Taxpayers’ Alliance. Sort of.

Today’s Guardian is full of righteous indignation about the allegation that the Taxpayers’ Alliance has set up a charitable arm to claim Gift Aid on donations from wealthy backers, Tory tax allies ‘subsidised’ by the taxpayer:

A campaign group which claims to represent the interests of ordinary taxpayers is using a charitable arm which gives it access to tax relief on donations from wealthy backers, the Guardian has learned.

The Conservative-linked Taxpayers’ Alliance, which campaigns against the misuse of public funds, has set up a charity under a different name which can secure subsidies from the taxman worth up to 40%

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Zac Goldsmith’s £260,000 “punt” on getting elected

Latest figures from the Electoral Commission reveal that Zac Goldsmith, Conservative candidate for Richmond Park, has spent more than a quarter of a million pounds of his own money in the hope of getting elected.

From today’s London Evening Standard:

“The environmentalist has donated £260,000 since he was selected to fight the Richmond Park seat in 2007, according to the latest figures from the Electoral Commission…

“Virtually all of the money goes to office staff and “office costs”. The party says that Mr Goldsmith set up his own office in Richmond, separate to the local association’s headquarters. The candidate employs two members

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Tories rolling in dough shocker

Isn’t it strange how sometimes two pieces of information arrive simultaneously that just go together to confirm a prejudice?

This afternoon, Guido’s post on Tory fundraising came to the top of my feedreader. The pithy title contains all you really need to know – Tories Raise More Cash than All Other Parties Combined – but if you’re a fan of pie charts, you might want to give Guido the clickthrough.

Guido’s story is that of all the reportable donations given to all the parties in the Electoral Commission’s third quarter, 55% of the moolah went to the Blues.

This report from Guido came hot on the heels of a couple of bits of information about Conservative fundraising efforts in Ealing, which has caused a bit of a stir in the local papers. An email arrived with a copy of a Tory letter, and a letter in the Ealing Gazette, which I reproduce below:

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Northern Ireland residents back ending donations secrecy

From the BBC:

“Most people” are in favour of ending the confidentiality surrounding donations to political parties in NI, focus group research has suggested.

It was conducted by the Electoral Commission, which recorded the views of eight groups around NI, each consisting of between six and eight people.

Unlike the rest of the UK, details of political donors are still kept secret in NI, because of security concerns…

This confidentiality clause is due to expire on 31 October 2010.

The Northern Ireland Office is expected to consult the public on whether the clause should end or be extended further before the end of this

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Ashcroft told: pay your taxes or don’t donate to the Tories

As the Telegraph reports:

Lord Ashcroft, the major Conservative donor, will be forced to reveal whether he pays tax or stop funding the party, under new election rules. The move is seen as a direct attack on the peer, a Tory deputy party chairman who has bankrolled Conservative candidates in marginal constituencies to the outrage of opposition politicians.

On being made a Conservative peer in 2000, Lord Ashcroft gave an assurance that he would pay UK taxes, but has since refused to discuss his affairs saying that they are private. … The amendment, which was nodded through without a vote on Monday night, would effectively ban anyone who did not pay taxes donating more than £7,500 in a single year.

It was an interesting debate if the Hansard transcript is any guide. You can read Lib Dem shadow justice secretary David Howarth’s contribution HERE, excerpt below:

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Lords vote to ban tax exiles and non-doms from donating to political parties

Today’s Guardian reports on yesterday’s move by the House of Lords to accept an amendment which will ban tax exiles and non-doms from making a donation to British political parties. The amendment was moved by rebel Labour peer Lord (Dale) Campbell-Savours and backed by Lib Dem peers.

Peers last night voted to ban non-residents and so called “non-doms” from donating to political parties, in defiance of the Labour and Conservative frontbenches. A backbench Labour amendment, designed to force the Tory donor Lord Ashcroft to clarify his tax affairs, was passed by 107 votes to 85, a majority of 22.

The

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LDV accounts published

In a follow on from Stephen’s post yesterday giving details of donations to the Liberal Democrats, I can now put on my LDV Bursar hat and announce that the summary of LDV accounts are available online to members of our forum.

I give details of our income from donations and advertising, and how we spent it last year.  I also give a few ideas of how we might spend our money next year.

But I’m afraid as ever, it ends with an appeal for cash:

We continue to warmly welcome donations! The donations figure above represents only 11 individual donors with

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