The PricewaterhouseCoopers building in Luxembourg. Photo: Getty
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Labour's biggest non-union donation is from PwC – a firm accused of "promoting tax avoidance"

The latest party donation figures show the Labour party's biggest donation, aside from the unions, is in staff secondments from the huge accountancy firm slammed by the Public Accounts Committee.

Rather embarrassing news for Labour after a good run at keeping the tax shenanigans of the wealthy in the news. It turns out the largest donation the party received from a non-union donor in October-December last year was from PwC. The accountancy giant gave the party £386,605. This wasn't a cash donation, but a donation of staff secondments who do analysis and research for the party in the absence of access to the civil service. As both Labour and PwC point out, the secondees are impartial.

This is pretty awkward for the party, not only because the firm is known for its tax expertise, but also due to recent accusations from the Public Accounts Committee. The committee chair and Labour MP Margaret Hodge told the BBC at the beginning of this month that Labour shadow cabinet ministers, such as Ed Balls, Chuka Umunna, and Rachel Reeves, receiving assistance from the firm is "inappropriate".

She was speaking on the day that her committee produced a report accusing the firm of "the promotion of tax avoidance on an industrial scale". PwC disagreed with this analysis but did comment that the UK tax system is "too complex".

Here are the donation figures, published by the Electoral Commission:

Click on table to enlarge

A Labour spokesperson commented:

PwC have provided long standing staff support to all three major political parties on a non-party basis, as happened for the Conservatives and Lib Dems before the last election. Given the complexity of government decisions in areas such as tax policy – and that opposition parties do not have significant access to civil servants – the support provided by organisations such as these helps ensure that there is better scrutiny of government policy. Secondees do not influence opposition policy decisions. Where organisations provide staff to support research and analysis for opposition parties it is right that these are declared – as currently happens – in the Register of Members' Interests

Nevertheless, if the tax avoidance row rumbles on, this donation will give the Conservative party a response to Labour's accusations about Tory donors.

Doubly tricky for Labour is that it actually accepted a higher amount than the Tories did in the fourth quarter of 2014. Adding up public funds to donations excluding public funds, Labour accepted £10,888,480 to the Tories' £8,365,141. This somewhat undermines Labour politicians' claims that they will be outspent by the Conservatives this election.

Anoosh Chakelian is deputy web editor at 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