Miliband offers £5,000 union cap in party funding reforms
Labour leader wants £5,000 cap on individual donations, which is 10 times lower than limit proposed by David Cameron
Ed Miliband has offered to sacrifice millions of pounds of funding from unions to the Labour party as he set out a comprehensive package of measures to reform the system of party donations.
The Labour leader said he wanted political parties to adhere to a £5,000 cap on individual donations – which would include one-off big cheque donations from unions.
The proposed £5,000 cap is 10 times lower than that previously put forward by David Cameron, but Miliband told the BBC's Andrew Marr Show that the cap should not affect the system under which three million union members individually make a £3 payment to Labour's coffers, a payment which is automatically debited from members.
http://www.guardian.co.uk/politics/2012 ... ty-funding
Just when I'm about to permanently consign Miliband to the politicians whom I consider utterly useless, he goes and makes statements like these. Which make me slightly more hopeful that Labour is returning to the left and social democratic policies, will have to wait and see what comes of their new policy reviews.