More dead than alive people support UK Conservatives.

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Rum
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More dead than alive people support UK Conservatives.

Post by Rum » Thu Aug 23, 2018 7:37 am

It is true! :hehe:

https://www.bbc.co.uk/news/uk-politics-45271284

Bequests to Tories twice as large as income from members
22 August 2018

The Conservatives received twice as much money last year from the wills of deceased supporters than it did from living members, new figures reveal.

Legacy payments totalled £1.69m while membership fees contributed £835,000, according to the party's 2017 accounts.

Among the bequests the party received was £582,358 from German-born Gerda Winder, who died aged 86 last year.

Labour raised £16.1m in income from its 550,000 plus members, up £1.8m from the year before.

The figures are revealed in the parties' respective 2017 financial accounts, which have been published by the Electoral Commission, along with those of other major political parties.

Labour recorded total income of £55.7m for the year, compared with the Conservatives' £45.9m.

Membership fees accounted for nearly 30% of Labour's total income last year, only slightly less than the £18.2m raised in donations. Donations made up 74% of the Tories' total income.

This is not the first time that money received by the Conservatives from dead people has topped that from living members, excluding donations.

Most recently, it happened in 2013, when legacy payments - which fluctuate year on year - totalled £1.25m.

The figures reflect the respective size of the parties' paid-up supporter bases. Labour had 564,443 members at the end of the 2017 while the Tories' most up-to-date figure, announced in March, was 124,000.

The amount the Conservatives garnered in membership fees was down by more than half on the £1.45m from 2016. A party spokesperson put this down to changes in the way the fees were allocated.

Labour's standard membership package costs £4.17 a month, compared with the Conservatives' £2.09 a month. Both parties offer discounts to younger members and members of the armed forces.

Commenting on the latest figures, party chair Brandon Lewis said there was "more to be done", tweeting:

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Re: More dead than alive people support UK Conservatives.

Post by Svartalf » Thu Aug 23, 2018 8:04 am

People are really incredibly silly, bequeathing wealth on those who already have it is like raining on the sea...
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Re: More dead than alive people support UK Conservatives.

Post by Brian Peacock » Thu Aug 23, 2018 8:04 am

So Labour is the countries richest political party, and it's not down to the unions. Whereas the Tories are backed by rich white men and no-deal Brexitarians who pay for access to the PM and ministers.
Jacob Rees-Mogg’s business partner, a string of Brexit backers and the wife of a former senior minister to Vladimir Putin are among the Conservative donors who have paid more than £7m to socialise with Theresa May since the general election.

Eighty-one party benefactors have paid a total of £7.4m to the Conservative party for access to the prime minister at dinners, lunches after PMQs and drinks receptions since July 2017, records show.

Party insiders said the large amount raised over just nine months from a single revenue stream was evidence that the Tories were aiming to be “election ready” for the autumn.

At least 10 of the donors, who joined the Leader’s Group for £50,000 a head, are supporters of a hard Brexit.

Dominic Johnson, who attended two of the group’s events in 2017, is the co-founder of Somerset Capital Management, an investment firm set up with Rees-Mogg, who chairs the European Research Group of Tory Brexiter MPs.

Somerset was recently reported to be warning its clients about “considerable uncertainty” as a result of Brexit, and set up a fund in Ireland, which benefits from EU financial passporting rights.

Sir Michael Hintze, the hedge fund billionaire who gave £100,000 to Vote Leave, is a familiar figure in Conservative circles and attended at least one dinner in 2017 with the prime minister, sources said.

Hardy McLain, a retired US hedge fund manager living in London, attended events in 2017 and 2018. He previously donated £20,000 to the Vote Leave campaign.

It is the first time since July 2017 that any details of Leader’s Group dinner guests have emerged. Their identities have been quietly released by the Conservatives this week. Receiving campaign donations is a routine activity for politicians. But each gift carries with it a potential conflict of interest if the prime minister’s policies appear to benefit those who made the donations...

https://www.theguardian.com/politics/20 ... heresa-may
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