Labour Fined £20,000 For Not Declaring Ed Stone – The London Economic

Labour Fined £20,000 For Not Declaring Ed Stone

Labour has been fined £20,000 by the Electoral Commission for failing to declare the infamous Ed Stone.

The commission launched an investigation after it was found that “two payments “totalling £7, 614, relating to spending incurred on a stone tablet – referred to in the media as the “Ed Stone” – were missing from the party’s campaign spending return”.

The body said that the registered treasurer of the party, Iain McNicol, committed two offences in delivering this incomplete return, which has resulted in the largest fine the Commission has imposed since it began operations in 2001.

Bob Posner, director of party and election finance at the Electoral Commission, said: “The Labour Party is a well-established, experienced party. Rules on reporting campaign spending have been in place for over 15 years and it is vital that the larger parties comply with these rules and report their finances accurately if voters are to have confidence in the system.”

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