The Financial Health of Political Parties in English Constituencies, 2004–05

Limited data have been available on the financial situation of the constituency branches of England's main political parties. Using recent annual accounts for all constituency parties with a turnover of £25,000 per annum or more in 2005, this paper reviews their financial health. It finds very little evidence of substantial financial turnover for the vast majority of local Labour parties and only a slightly better situation for the Liberal Democrats: many more local Conservative parties meet the reporting threshold but, even so, in almost half of all English constituencies none of the three parties reported a turnover of £25,000 or more. Local Conservative parties also differ substantially from the other two in their income sources and expenditure patterns.