Sunday, June 08, 2008

Labour Party not bankrupt - official..

Discussion at the UNISON NEC has clearly put to rest all worries and concerns about the state of Labour Party finances.

A number of NEC members – myself included – had been asking about press reports concerning the state of the finances of the Labour Party, the potential legal liability of individual members of the Labour Party NEC and the implications for UNISON should we indemnify our members of the Labour Party NEC. In a nutshell what I was told was that the NEC would have the power to indemnify our members of the Labour Party NEC and would be recommended to do so should that ever be necessary but it never would be necessary as the whole thing was just misleading press reporting.

So that’s alright then?

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