SCOTTISH Labour only meet their financial obligations due to “financial assistance” from the UK Labour party, newly published accounts…
president Michael Russell suggested that it showed Scottish Labour “do not exist” as a party in their own right.
We also previously reported that the party recently vacated the Glasgow offices which have housed them for around a decade. The accounts read: “In consideration of the available reserves as at 31 December 2022 and the budgeted results for the subsequent accounting period The Labour Party has confirmed that it will provide financial assistance to The Scottish Labour Party as required to allow The Scottish Labour Party to meet its liabilities as they fall due, for a period of at least twelve months from the date of signing of the financial statements.
The SNP, meanwhile, showed a deficit of £804,278, while the Scottish LibDems had a surplus of £291,287. The ScottishScottish Labour deputy leader Dame Jackie Baillie said the accounts show “the SNP is a party in utter disarray”.
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