The Government have always been clear that any reform of party political funding is best achieved by consensus. Despite seven meetings, it is disappointing that, as on previous occasions, there has been no agreement between the three parties on beginning party funding reform.
I certainly agree that all parties need to get big money and vested interests out of party funding. That can best and only be done through consensus. It did not happen this time; I very much hope that all parties will make a commitment that everyone will stick to in the next Parliament.
It is really important that vested interests representing one part of society or another do not dominate the funding of one major political party, as with the Labour party. That does not seem to be right for the Labour party or for the quality of democracy in this House.