Labour Party faces bankruptcy with £20m debt

[CookieMonster]

Labour former deputy prime minister John Prescott has warned his party faces bankruptcy if it cannot tackle its £20m of debt.

Lord Prescott, who hopes to become Labour's new treasurer, made the claim at the Scottish Parliament's annual Festival of Politics.

He said membership of the party was falling dramatically and called for limits on political parties' spending.

BBC News - John Prescott warns Labour Party faces bankruptcy

heh heh heh can't even look after their own money, never mind the taxpayer's money.

[Lazarus]

BBC News - John Prescott warns Labour Party faces bankruptcy

heh heh heh can't even look after their own money, never mind the taxpayer's money.

Are you trying to give me a bloody heart attack CookieMonster? Will ya put British in front next time. Puleeeese!

[just4ever]

regaining my heartbeat slowly but surely.

[ivnryn]

It is interesting that the solution proposed is to ban other parties from spending their donations.

[cyberianpan]

Same way they planned to bankrupt the UK

A thoroughly irresponsible party

cYp

[Sync]

It is interesting that the solution proposed is to ban other parties from spending their donations.

It's the socialist way. If one person is too stupid to do something, no one should be allowed to do it.

[Jakey]

Same way they planned to bankrupt the UK

A thoroughly irresponsible party

cYp

+1.

[CookieMonster]

It's the socialist way. If one person is too stupid to do something correctly, no one should be allowed to do it.

A slight correction.

[Samell]

It will take FF years to spend all they have salted away

[Blanchinner]

regaining my heartbeat slowly but surely.

can you give us an insight into to irish lab. Party situation ?