The politics of taking big money out of politics
From our UK edition
Ed Miliband is nothing if not persistent. Party funding has been a running theme of his leadership, necessitated by his cosy relationship with the unions. He has returned to the subject today, with a blog post and an appearance on the Andrew Marr Show. The news is that Miliband wants to cap donations from individuals, organisations and companies at £5,000. That is £5,000 less than was recommended by Sir Christopher Kelly, and £45,000 less than the Conservatives propose. Miliband claimed that this would dramatically reduce Labour's funding from the trade unions, forcing his party to diversify its revenue sources. Obviously, it would also reduce the Tories' funding sources.