Party Political Funding: Paying the Politicians at Poll Time
Donations to UK political parties
Currently, most political funding comes from private donations. The Labour Government receives most of its funds from private sources, although the proportion taken up is lower than in the case of the Conservative Party. This is because, traditionally, Labour has received funding from trade unions that are affiliated to the party. Labour has become less dependent upon trade union subscriptions in recent years. In 1992, two thirds of its total funding came from the unions; today that figure is around one quarter.
After high profile cases of sleaze in the 1990s, such as the 'cash for questions' scandal, a new system of greater transparency was introduced by the Government to try to reassure the public about British politics being 'clean'. Under the PPERA:
* All national donations (to the central party organisation) over £5000 must be declared
* All local donations (to a local branch of a party) in excess of £1000 also must be declared
* Donations made by listed companies must be approved by the firms' shareholders
* Parties can only receive donations of more than £200 from 'permissible donors'
* Non-cash support is counted as a donation
* Donation reports have to be sent to the electoral commission every quarter of the year
* During a general election, parties have to report every week detailing donations received in excess of £5000
Bookmarks