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  • Tuesday, March 21, 2006

    Labour's NEC to retake control of the finances

    Is this locking the stable door after the horse has bolted? The New Labour lot certainly seem to have done their best to bankrupt the party financially (as well as morally and politically, of course):

    But the chair of the NEC, Sir Jeremy Beecham, appeared to suggest Labour may now struggle to repay all the loans - some of which appear to have been taken on the understanding they could become donations.

    Emerging from the three-hour meeting in Westminster, Sir Jeremy told reporters: "It is anticipated loans may have to be repaid and if they have to be repaid, given time they will be repaid and we will find ways of doing that."

    Perhaps Blair could get another mortgage?

    See all recent "A Logical Voice" posts

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