The deputy prime minister told the Commons: “This is not the right time to ask our hard-pressed taxpayers to pay out more to political parties at a time when they are having to deal with so many cuts and savings elsewhere.”
That is a strong signal given that extra state funding is the key to unlocking a deal between the three parties over the issue – which has foiled the efforts of some very bright people in recent years.
A key report is due next week which will signpost reform of the party political funding system; to be published by the “committee on standards in public life”. Its recommendations would mean the requirement of an extra £100m of state funding for political parties over a five-year term.
Interestingly, there is already disagreement within the committee with questions over whether there will be a unanimous report or a “majority” one, I’m told.
Leaks of the report suggest that there would be a £10,000-a-year cap on donations as well Read more