The Merry Go Round

December 19, 1999

At last the Conservative Party accounts for the year to 31st March 1999 have been published. The date of publication gets later each year. It is interesting to note that two former Treasurers who have now got their peerages and who used to give substantial donations now no longer do so. However the Party Chairman, Michael Ancram said "These accounts show a steady improvement in the Party's financial position". In 1994 the Party Chairman, Sir Norman Fowler said "In the last two years, the underlying financial position of the Conservative Party has been radically improved". So how does the position today compare with the comparable period after the General Election of 1992? We set out the position below. Judge for yourselves. Is it the merry go round?

 

Conservative Party Accounts

 

General Election Period

 

1991-93: -£7,998,000 deficit

 

1994: +£2,063,000 surplus

 

1995: +£2,020,000 surplus

 

1996-98: -£3,374,000 deficit

 

1999: -£1,900,000 surplus

 

2000: ?

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