Is the Labour Party trading insolvent?

Guido Fawkes has pondered this matter before, as have I - if not here then in someone else's comments. The "loans" that gave rise to the "cash for honours" kerfuffle have not all been repaid, some or more being rolled over - does this still make them loans rather than donations?

Go and read this and this at Guido Fawkes and see what you think.


I suppose it is only fair that the man who has ll but bankrupted the United Kingdom should also preside over the nearer bankruptcy of his political party.