Tory donations slip

July 30, 2009 3:09 pm by Jim Pickard

Just perused the Tory accounts for 2008, which came out this morning.

There’s nothing to rival the Labour accounts, which showed a surprise £4m windfall for clawed-back VAT (part of a £6bn-plus payout by the government after a test case 18 months ago).

But there are a few interesting points:

* Donations for 2008 (£16.5m) were slightly down on 2007 (£18.9m) – but still double the Labour figure for £9.5m.

* Lord Ashcroft’s company, Bearwood Corporate services, gave £300,000 (£275,000) and donations in kind of £1.3m (£1.4m)

* The Tory pension fund has a £4.5m shortfall

* Net debt has increased from £4.97m to £5.69m

UPDATE

Should also mention that Lib Dem donations are down – from £1.9m in 2007 to £1.5m in 2008.

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