Labour leader Keir Starmer speaks to supporters at a watch party for the results of the 2024 General Election in central London, July 5, 2024
RICH donors raced to Labour’s rescue last year as the party’s membership continued to drop, figures revealed today.
Claimed membership of Labour in 2023 fell by nearly 10 per cent to 370,450, according to accounts for all the main political parties.
But the party’s finances held up better than expected, with a deficit for the year of £851,000 — around a third of the anticipated total.
Martin Taylor, the hedge-fund multimillionaire who has poured millions into pushing Labour rightwards, helped finance Lucy Powell’s supposedly dissenting campaign — suggesting her victory was not the ‘soft-left’ rebellion some have claimed, says SOLOMON HUGHES
JOE GILL looks at research on the reasons people voted as they did last week and concludes Labour is finished unless it ditches Starmer and changes course