September 25, 2006
£27,247,000. The Labour Party’s debt.
£23,815,000. Labour’s running costs.
£15,166,000. Labour’s election spend.
£3,685,000. Raised from membership.
£8,000,000. Raised from affiliations.
£13,900,000. From Donations.
To deal with this, Labour has arranged £13.5 million overdraft and long-term facilities with the Co-Op and Unity Trust banks. And, quoting from page 51 of the NEC’s Annual Report,
Furthermore the party has entered into discussions with its other lenders to re-schedule the repayment of loans amounting to £12.4 million.