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Tuesday, November 28, 2006

Tories Owe £35.3m - Who Are the Tossers Now?

The Electoral Commission has just released the new loans figures for the parties - showing who needs to sort out their debt problems.

The Tories are £35.3 million in the red - including a mysterious £3.6m loan from "Lanners Services", a company incorporated in the British Virgin Islands tax haven.

Maybe the should take some of their own advice and "sort it"?

UPDATE :
A source emails to say that the Tories expect to realise £30 million plus from the sale of 32 Smith Square and the AIB loan is related to the property.

40 comments:

machiavelli said...

I wish I could get a loan at such preferential rates.

judith said...

And twas it not the Lord Saatchi who persuaded Michael Howard to up sticks to Victoria St at huge cost, despite having no buyer for Smith Square? the very same Saatchi who is now slagging off El Camerooni?

The amount of money wasted on Victoria St is eye-watering.

In the red said...

What is it the Tories always complain about Labour's behaviour?

"Do as I say, not as I do"

Maybe they should run the Tosser video's at their next finance meeting

Anonymous said...

John Bull will say...

Lets get one thing straight. The Tories are NOT £35.3 million in debt, and Cameron is NOT a tosser.

The sooner we agree on that, the sooner we can get rid of this so-called Labour Government.

John Coles said...

No problem. They just have to hang on until they are State-funded - and then all of their supporters can go and screw themselves, the Tossers will no longer need their money and support.

Anonymous said...

Interesteing that the Tory loans are at lower interest rates than the Labour party ones.

jekyll said...

superb,the broke lecturing the broke.cameron is that far up his own arse he can't see his arse talking


and I've just had membership stuff through asking to up the fee to £25

let me tell you Dave/Maude/,you're bad value at £15.

Peter Hitchens said...

anon 12;48
well anticipated
All we need now is that tedious twerp who for some reason thinks anything to do with dave cracknel is funny.
its probably his mother.
John bull is probably camerons dad

Granny Catchpole says... said...

How can you manage a country if you can't manage your own finances?

James at eParliament.tv said...

It wasn't just the crass mediocrity of the achingly unamusing Tosser campaign that bothered me... It was the fact that tonnes of money was squandered / wasted / lined-friends-pockets on it... when the message is: don't waste money.

So much sharpening up is required at CCHQ.

Oh.. and Judith... the CCHQ lease is up in March, so stand by for even more profligacy.

Anonymous said...

who the hell are these front organisations in the Virgin Islands?

Tuscan Tony said...

Here's some helpful fundraising suggestions for you,Dave:

(1) a reasonably priced peerage raffle. 58.4 pence a ticket (by all 60.441million of us) gets you the £35.4million. First prize a Dukedom, then Marquess, Earl, Viscount and finally Baron. Booby prize could be a years subscription to WebCameron, or a personal makeover by Francis Maude's taxidermist.
(2) a Caligula-style hiring out of the leaders' partners - there'd surely be the distinct possibility of a last-minute clunking fist of a bid for Ms. May's better half, for instance.
(3) Policy auction - highest bidder gets to choose his/her own one.

eh? Whajjermean they've tried them already?

Gary Elsby stoke said...

Ahh!! I see that my claim of illegal money laundering from the Virgin Islands to the Tories is now being taken seriously.

Yates has been informed, believe me!

Now you're up for it, ask yourself whether my further claims, that I have given to SKY, BBC and any blog that will take it, are also true of money from the Virgin islands is being 'donated' as profit from any sales at CCO.

I said this Months ago and I was right then.

Gary

javelin said...

ha, ha

Anonymous said...

"who the hell are these front organisations in the Virgin Islands?" Dunno but Beresovsky has got one of them. He used it to buy Litvinenko's house for him and the Chechen leader who lives over the road (this is according to My Lord Patel).

Blue2Win said...

And the sale of the old premises will happen shortly and then the debt is 5 million. Ah, a good story you had while it lasted. 5 minutes was it?

Anonymous said...

Throw in FREE TOITY TOTTY and I will lend to the Cons ny time.

Francis Hensley said...

Why doesn't Gideon open up his trust fund at sort it?

Peter Hitchens said...

All three parties are shite and all doomed , good fucking riddance.
Although no doubt the usual pointless scum will rise to the top using another name and another set of "values"
I pray for another ice age or a really good plague.

Matt Davis said...

32 Smith Sq has been empty for over 2 years and may well turn out to be unsaleable as it is currently configured or worth a lot less money than was originally thought. Bit like Right to Buying your 15th floor sink estate tower block council flat really.

Anonymous said...

http://britishspin.blogspot.com/

The man on the Left is Simon Wolfson, Chief Exec of Next, whose in store Credit Card has a whopping APR of 26.4%*. An APR like that helps young people spend on the never-never then get into a lifetime of debt.

He also chairs the Conservative Competitiveness Commission alongside John Redwood. They've recommended that the Financial Services market should be further deregulated.

The man on the right is an actor hired to the point that Conservatives don't want young peole to buy clothes at high interest rates . The little film thay made (bless) shows a young man getting into debt at his local Next-a-like.

Hedgy said...

I'll lend them a tenner if I can get an MBE....I'm not proud....as you may have noticed..

malcolm said...

Hedgy, be proud! For a whole tenner you should ask for much more than an MBE! Sir Hedgy has a certain ring to it don't you think?

Anonymous said...

Matt Davis said...
"32 Smith Sq ... Bit like Right to Buying your 15th floor sink estate tower block council flat really."

Much like that, yes. Have you seen the place?

De Elite Crew said...

As wes all knows it's de net assets an de cash flow dat is de most important thing man.

De conservatives is swimmin in de gravy an der is no need for de state fundin.

De unions don't like it so wes got de majority.

Now for yous normans wid de small brains - without de state fundin de unions can finally take over de Labour Party agen and give de Cameroonie de victory - just say NO to de state fundin!

Anonymous said...

Watch out that Dave doesn't send Young Tories out steaming on The Tube to get extra funds

Anonymous said...

AIB are a serious bank, who specialise in commercial property loans - so it is fair to say that the loan is legit.

john bull said...

Lets get one thing straight. The Tories are NOT £35.3 million in debt, and Cameron is NOT a tosser.

The sooner we agree on that, the sooner we can get rid of this so-called Labour Government.

Well, someone had to do it.

Anonymous said...

"Watch out that Dave doesn't send Young Tories out steaming "

i thought they were all in the saunas ,anyway?

DP said...

How should Parties be funded? Perhaps with a cap on spending and saving?

See www/distributionpolitics.co.uk

Anonymous said...

George Osborne may not be able to help looking and sounding like a 12 year old, but when he expects other boys to lose marks for poor handwriting, he doesn't do himself any favours.

Lagwolf said...

How long have they been trying to flog Smith Square? Hope they have a backup plan.

Anonymous said...

get mummy and daddy to pay for it... like gideon and "dave" do...

Anonymous said...

And the boy king + kindergarden feel they are ready to run the country???

Yeah, right!

Expat said...

Good story - shame that the capital value of Smith Square completely destroys the point. Who is the tosser now!

Anonymous said...

Tory Debt £35 million - Smith Square value £30 million.

Labour Debt £20 million - assets?

Perhaps Cherie could sign a few Hutton Reports and auction them on eBay

Anonymous said...

lanners services (bvi registered) is ashcroft, big ben films (uk registered but non-trading) is eliasch. as long as the loans are NOT donations, they can safely be made by companies that are not based in the uk, or by those which are based in the uk but not active.

legislation that came in on sept 11 would ptobably make loans made in that way impermissible now. but the law does not apply retrospectively..

so there you have it - unless they change the loan terms of course which would pose an interetsing one for the electoral commission

pip pip

Anonymous said...

Perhaps Gideon Osborne can dig into his inheritance and "sort it."

Dan Sullivan said...

Is AIB plc - Allied Irish Bank? In which case the tories may have taken advantage of being able to borrow from the eurozone at lower rates.

Anonymous said...
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