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Labour Party borrowings summary

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This page contains summary details of loans and credit facilities reported by the Labour Party to the Electoral Commission.


Download our all regulated transactions spreadsheet to view full details of all borrowings and summary by party.

For a definition of loan, credit facility and connected transaction click here.

Outstanding

Name Type

Total amount

Converted to donation Date entered into Interest rate Repayment or review date
Allen Brett Loan £1,393 £0 13/03/2009 Nil Indefinite
William Wraight Loan £2,500 £0 01/07/2008 Nil Indefinite
Wimbledon Co-op Society Loan £25,000 £0 22/08/2008 5.5% 22/08/2011
Teescraft Engineering Ltd Loan £20,000 £0 31/07/2008 Nil Indefinite
Unity Trust Bank Plc Loan £80,000 £0 14/08/2008 Base +3% 13/08/2028
Wimbledon Co-op Society Loan £25,000 £0 24/04/2008 5.5% Indefinite
Margaret McDonagh Loan £30,000 £0 17/06/2008 5.5% 17/06/2024
Ernest Webb Loan £1,500 £0 01/06/2008 Nil Indefinite
Alan Chedzoy Loan £10,000 £0 20/05/2008

Nil

Indefinite

Margaret McDonagh

Loan

£30,000

£0

02/03/2008

5.5%

02/03/2024

Teresa Lewis Loan £10,000 £0 28/02/2008 Nil Indefinate
Roger Truelove Loan £1,151 £0 30/11/2007 Nil Indefinate
Dan Neidle Loan £2,000 £0 01/11/2007 Nil Indefinate
Gerald Bass Loan £2,500 £0 02/10/2007 Nil Indefinate
Anne Campbell Loan £2,000 £0 07/09/2007 Nil Indefinite
Unity Trust Bank PLC Credit facility £12,000 £0 01/12/2006 Base + 3% Indefinite
Alexandra Mayer Loan £1,500 £0 01/03/2007 Nil Indefinite
Alexandra Mayer Loan £2,900 £0 01/10/2006 Nil Indefinite
HSBC Bank Credit facility £2,000 £0 01/07/2006 Base + 2% Ongoing
Richard Caring Loan £2,000,000 £0 25/06/2006 0% until 31/07/2010 then 6.5% 30/09/2015
Unity Trust Bank Loan £21,000 £0 04/04/2006 Base + 3% 04/04/2013
Robert Evans Loan £5,000 £0 23/03/2006 Nil Indefinite
Royal Bank of Scotland Loan £6,750 £0 24/02/2006 Base + 3%

24/09/ 2010

Co-operative Bank Loan £5,000 £0 01/02/2006 7.25% 31/01/2011
AMICUS Loan £6,500 £0 19/12/2005 Base rate Indefinite
Weymouth Labour Club Loan £9,907 £0 10/10/2005 9% 30/09/2010
Rod Aldridge Loan £1,000,000 £0 04/10/2005 0% until 31/07/2010 then 6.5% 30/09/2015
Rod Aldridge Loan £0 (incoporated into the one above - originally £500,000) £0 04/10/2005
Nigel Morris Loan £1,000,000 £0 25/09/2005 0% until 31/07/2010 then 6.5% 30/09/2015
Derek Tullett CBE Loan £400,000 £0 05/09/2005 0% until 31/07/2010 then 6.5% 30/09/2015
Unity Trust Bank Loan £24,000 £0 01/09/2005 Base + 2% 30/09/2010
Co-operative Bank Credit facility £5,000 £0 01/06/2005 Base plus 4% Indefinite
Dr Chai Patel CBE Loan £1,500,000 £0 20/07/2005 0% until 31/07/2010 then 6.5% 30/09/2015
Co-operative Bank Credit facility £2,000 £0 June 2005 Base + 2% Ongoing
Andrew Rosenfeld Loan £1,000,000 £0 18/05/2005 Base rate + 2% on first day of interest period 03/07/2009
Sir David Garrard Loan £2,300,000 £300,000 19/04/2005 0% until 31/07/2010 then 6.5% 30/09/2015
Gordon Crawford Loan £500,000 £0 13/04/2005 Base + 2% of first day of interest period 03/07/2009
Barry Townsley Loan £1,000,000 £0 13/04/2005 0% until 31/07/2010 then 6.5% 30/09/2015
Co-operative Bank Loan £20,000 £0 08/04/2005 Base + 2.5% 08/03/2010
Unity Trust Bank Loan £95,497 £0 2005 6% 2030
Unity Trust Bank Loan £17,586 £0 26/11/2004 Base + 2% 26/11/2014
Unity Trust Bank Loan £10,000 £0 06/08/2004 Base + 3% 31/08/2014
Co-operative Bank Loan £152,289 £0 01/11/2003 Base + 3% 31/05/2016
Lloyds Bank Loan £35,700 £0 17/03/2003 Base + 3% 17/03/2018
Co-operative Bank Loan £47,000 £0 20/03/2002 Base + 3% 20/03/2016
Furness Building Society Loan £48,000 £0 01/01/2002 Base + 3% 30/11/2023
John Howlett Loan £1,000 £0 2000 Nil Indefinite
Lloyds Bank Loan £28,500 £0 17/04/1998 Base + 4% 01/05/2008
Co-operative Bank Loan £75,000 £0 03/06/1992 Base + 2.5% 02/06/2012
Co-operative Bank Credit facility £1,000 £0 Ongoing Co-op base rate + 2% Indefinite
Unity Trust Bank Credit facility £5,000 £0 Long standing Base + 3% Ongoing
Co-operative Bank Credit facility £2,610,000 £0 Long standing Base + 2% Reviewed each June and December
Co-operative Bank Credit facility £32,000 £0 Long standing Variable Indefinite
Unity Trust Bank Credit facility £1,540,000 £0 Long standing Unity rate + 2% 30/06/2008
                

Repaid        

Name Type Amount Converted to donation Date enetered into Interest rate Repayment date
James Swindlehurst Loan £2,500 £0 24/10/2007 Nil 31/03/2009
Sir Gulan Noon Loan £250,000 £250,000 20/04/2005 6.5% 31/07/2008
Lord David Sainsbury of Turville Loan £2,000,000 £2,000,000 18/05/2008 Base +2% 31/07/2008
Bank of Scotland Credit facility £2,500 £0 01/10/2007 13.9% 01/08/2008
David Taylor Loan £13,000 £0 2000

Nil

16/04/2008

Loughborough BS

Loan £17,763 £0

2000

7.40%

16/04/2008

The Co-operative Bank Plc

Credit facility

£2,000

£0

Long standing

Base + 4%

31/03/2008

The Co-operative Bank Plc Credit facility £2,000,000 £0 15/10/2007 Base + 2% 13/03/2008
Devonport Labour Club Loan £10,000 £0 2000 6.50% 28/02/2008
H G Wells Centre Loan £2,000 £0 01/05/2006 Nil 30/11/2007
Unity Trust Bank Credit facility £460,000 £0 Long standing Unity rate + 2.00% 02/10/2007
The Co-operative Bank Plc Credit facility £890,000 £0 Long standing Base + 2.00% 02/10/2007
Lloyds Bank Credit facility £7,000 £0 2000 Base + 4.00% 01/10/2007
Michael Smith Loan £2,500 £0 01/07/2007 Nil 24/09/2007
Southend-on-Sea Labour Hall and Institute Loan £2,500 £0 23/06/2005 Nil 31/07/2007
James Thomson Loan £2,000 £0 27/03/2007 Nil 26/06/2007
Andrew Harrop Loan £1,000 £0 27/04/2006 Nil 31/03/2007
Stephen Beer Loan £2,000 £0 27/04/2006 Nil 30/03/2007
Samuel Townhend Loan £2,000 £0 27/04/2006 Nil 30/03/2007
Pete Bowyer Loan £2,000 £0 27/04/2006 Nil 30/03/2007
Professor Christopher Evans Loan £1,000,000 £0 31/05/2005 6.75% 05/04/2007
Co-operative Bank Loan £1,225,000 £0 07/09/2006 Co-op rate + 2.00% 23/03/2007
Co-operative Bank Loan £2,000,000 £0 Long standing Co-op base rate + 2.00% 01/01/2007
Peter Carpenter Loan £6,000 £0 02/06/2006 Nil 03/12/2006
Unity Trust Bank Loan £2,000,000 £0 Long standing 6.81% - 7.56% 21/08/2006
Co-operative Bank Loan £4,000,000 £0 Long standing 6.81% - 7.56% 21/08/2006
Co-operative Bank Credit facility £10,000 £0 June 2006 Base + 2.00% July 2006
Paul McGlone Loan

£2,000

£0 27/04/2006 Nil 30/06/2006

Nic Dakin

 

Loan

£1,929

£1,929

Long standing

Nil

31/05/2006

Notes:

  • Loan: an agreement where a person (or organisation) makes a loan of money to the party. The conditions of the loan are agreed by the party and the lender. Parties are required to report not only the loan but also changes to the agreed terms and conditions, including when a loan ends. The amount displayed is the total amount to be lent under the agreement (not including interest). Some parties provide details on partial repayment although there is no requirement to do so.
  • Credit facility: an agreement where a registered party is entitled to receive a loan of money from time to time from another person (or organisation). The credit facility will generally have an upper limit specified in the credit facility agreement. Examples of common credit facilities include overdrafts and credit cards. The amount displayed is the maximum that can be borrowed and not the amount that is drawn upon at any one time.
  • Connected transaction: an arrangement where a person (or organisation) gives any form of security on behalf of a political party in respect of a loan or a credit facility arranged with someone other than the party or the person giving security. Where a person (or organisation) has provided security or a guarantee, it is the maximum that they could be liable to pay.