Lib Dem money woes grow as party membership hits new low

Party membership has fallen by 35% since 2010 to 42,501, resulting in a deficit of £411,000.

With typically little fanfare, the Electoral Commission has just published political parties' statement of accounts for 2012 - and there's much worthy of note. 

First, to the grim state of the Lib Dems. The party raised £6.02m last year but spent £6.4m resulting in a deficit of £410,951. Over the same period, its membership fell from 48,934 to 42,501, a fall of 35% since 2010 (when it stood at 65,038) and the lowest annual figure in the party's 23-year history. Based on the current rate of decline, UKIP, which now boasts more than 30,000 members, will soon supplant them as the third largest party by membership. 

The picture is rosier for Labour, which had a total income of £33m (aided by £6.7m of state funding - the "short money" received by opposition parties), up from £31.2m in 2011, and expenditure of £30.2m, leaving a surplus of £2.8m.

Less happily, party membership fell from 193,300 to 187,537 and it's also worth noting the hefty £7.96m received in affiliation fees from trade union members, around 90 per cent of which the party is likely to lose when the new opt-in system promised by Ed Miliband is introduced. 

Finally, to the Conservatives. They raised £24.2m, up from £23.7m last year, and spent £23.3m, leaving the kind of healthy surplus that has so eluded George Osborne.

The Tories don't release a central membership figure (the best available estimate puts it at around 130,000) but their income from this source has fallen from £863,000 to £747,000, a drop of 13% that suggests no small number of "swivel eyed loons" have decided to try their luck with Farage. 

Nick Clegg gestures as he takes questions from journalists after making a speech on immigration on March 22, 2013 in London. Photograph: Getty Images.

George Eaton is political editor of the New Statesman.

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Donald Trump vs Barack Obama: How the inauguration speeches compared

We compared the two presidents on trade, foreign affairs and climate change – so you (really, really) don't have to.

After watching Donald Trump's inaugural address, what better way to get rid of the last few dregs of hope than by comparing what he said with Barack Obama's address from 2009? 

Both thanked the previous President, with Trump calling the Obamas "magnificent", and pledged to reform Washington, but the comparison ended there. 

Here is what each of them said: 

On American jobs

Obama:

The state of our economy calls for action, bold and swift.  And we will act, not only to create new jobs, but to lay a new foundation for growth.  We will build the roads and bridges, the electric grids and digital lines that feed our commerce and bind us together.  We'll restore science to its rightful place, and wield technology's wonders to raise health care's quality and lower its cost.  We will harness the sun and the winds and the soil to fuel our cars and run our factories.  And we will transform our schools and colleges and universities to meet the demands of a new age.

Trump:

For many decades we've enriched foreign industry at the expense of American industry, subsidized the armies of other countries while allowing for the very sad depletion of our military.

One by one, the factories shuttered and left our shores with not even a thought about the millions and millions of American workers that were left behind.

Obama had a plan for growth. Trump just blames the rest of the world...

On global warming

Obama:

With old friends and former foes, we'll work tirelessly to lessen the nuclear threat, and roll back the specter of a warming planet.

Trump:

On the Middle East:

Obama:

To the Muslim world, we seek a new way forward, based on mutual interest and mutual respect. To those leaders around the globe who seek to sow conflict, or blame their society's ills on the West, know that your people will judge you on what you can build, not what you destroy. 

Trump:

We will re-enforce old alliances and form new ones and unite the civilized world against radical Islamic terrorism, which we will eradicate completely from the face of the earth.

On “greatness”

Obama:

In reaffirming the greatness of our nation we understand that greatness is never a given. It must be earned.

Trump:

America will start winning again, winning like never before.

 

On trade

Obama:

This is the journey we continue today.  We remain the most prosperous, powerful nation on Earth.  Our workers are no less productive than when this crisis began.  Our minds are no less inventive, our goods and services no less needed than they were last week, or last month, or last year.  Our capacity remains undiminished.  

Trump:

We must protect our borders from the ravages of other countries making our product, stealing our companies and destroying our jobs.

Protection will lead to great prosperity and strength. I will fight for you with every breath in my body, and I will never ever let you down.

Stephanie Boland is digital assistant at the New Statesman. She tweets at @stephanieboland