Ed Miliband delivers a speech at the Policy Network Conference held in the Science Museum on July 3, 2014. Photograph: Getty Images.
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How Labour outraised the Tories in 2013

New accounts show the party received more money from a growing membership. 

The parties' annual accounts for 2013 have been published by the Electoral Commission and they contain what to most will be a surprise: Labour outraised the Conservatives by nearly £8m last year. The opposition received £33.4m (spending £27.9m), while the Tories received £25.4m (spending £23.5m). With the Conservatives frequently thought to be rolling in it due to such wheezes as flogging off tennis matches with David Cameron and Boris Johnson to Russian oligarchs, and Labour often described as "on the brink of bankruptcy", the numbers don't fit the narrative. 

So how to explain them? Much of the difference is accounted for by the £6.9m Labour received in "short money", the state funding made available to assist opposition parties with their costs (and named after Edward Short, the Labour politician who first proposed the system). But even if we exclude this revenue source, Labour still raised £1.1m more than the Tories (who themselves received £659,000 from the state).

Of this total, the largest chunk (£8m) came from party affiliates, most notably the trade unions, but Labour also received £5.1m from individual donors (including £1.6m from businessman John Mills), £3.1m from commercial income, £0.6m from fundraising and £5.7m from party members, the number of which increased from 187,537 in 2012 to 189,531. If small donations are included (the Electoral Commission does not record donations below £7,500), the sum raised from members stands at more than £8m, making them the largest source of funding. 

The Conservatives again failed to publish a membership figure, but the number released last year by the party under media pressure put constituency membership at just 134,000. The central party's income from membership (most pay subs to their local association) rose slightly from £747,000 to £749,000. 

After running a dangerously high deficit of £411,000 last year, the Lib Dems moved into the black, achieving a small surplus of £0.2m. The party's membership also increased from 42,501 to 43,451, although this is still well down on the 2010 level of 65,038. 

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