Over the past week the Labour party has been mired in a 'loans for honours' scandal that matches anything that happened under the previous Tory administrations. It would seem that Labour were 'loaned' about £14million prior to the last election as part of its campaign fund. Most, if not all, these 'loans' were done privately, - in some cases, even the party treasurer didn't know about them!
The suspicion is that these benefactors, especially those who loaned in a personal capacity, would be officially honoured in some way as an inducement to give.
A lot of this has had to come out because Dr Chai Patel, head of the Priory Rehab Clinic, had been refused a peerage by the nominations committee. Dr Patel had been one of 3 millionaires who gave large sums to the party prior to the election.
This, I believe, is getting out of hand. Money, and the raising of funds, is now becoming a major issue and influence within the political world and it needs to stop. Even though I resent, like all sensible tax-payers, any increase on the tax bill, I think that political parties should receive funding for elections from the public purse, based on verified membership rolls. Any other fund-raising would be to support infrastructure, and would have to be independently audited.
And, of course, get rid of this antiquated and irrelevant method of public honour we presently have in this country.