Labour Party donation declarations for Q1 of 2008.
During the period, Labour declared donations to the value of £2,889,069.66. Of that figure only £337,526.18 came from non-trade unions. When you strip out Constituency Labour Party donations, the figure is even lower, standing at £246,865.65.
Put bluntly, that means that 89% of donations in total came from the trade unions. The stripped down figure means that only 8.5% came from individuals and companies. The bottom line here is that the Unions are well and truly propping up the Labour Party, to the tune of between 89% and 92% of its total income from donations.
That is not good news at all for the Labour Party. It is bound to come at a price and the Government is in no position to waste billions fulfilling union demands. However even the unions don't have enough ready cash to get Labour out of there funding crisis. We have 4 weeks left to wait before we know how Labour has got round that one.
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