A mass exodus of supporters saw the party's membership which stood at 523,332 at the end of 2020 - fall to 432,213 by the close of 2021. The party's Treasury report describes 2021 as a "difficult and demanding year", with staff redundancy packages to cut costs, in the long run, contributing to the financial black hole. Labour's income from membership fees fell from £19.3m in 2020 to £16.2m in 2021, a £3.1m drop in income which made up the majority of its £5.2m deficit. The size of the party's loss represents a significant increase on 2020, when the party had a deficit of £1m. In 2019 the party had balanced the books, leaving a small surplus of £17,000.
Diese Geschichte stammt aus der August 18, 2022-Ausgabe von The Independent.
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Diese Geschichte stammt aus der August 18, 2022-Ausgabe von The Independent.
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