Posts Tagged ‘Labour party debt’

David Prescott on a crowdsourced “shadow communications agency” for the new age

25/09/2010, 10:30:40 AM

So we’re more than £20 million in debt. £16m in the red with a further £11m in loan repayments.

Short money of £4.5m a year will help the shadow cabinet and their spads with their transition from government to opposition, but we won’t be able to touch a penny of it for party campaigning or reducing the debt.

So Labour’s going to have to think smarter and, well, cheaper if it’s going have any impact against the Tory-Lib Dem government.

But here’s the good news – campaigning isn’t expensive as it used to be.

Take our Go Fourth campaigns against RBS, that private members bill against the minimum wage and abolishing NHS Direct. (more…)

Facebook Twitter Digg Delicious StumbleUpon