The Labour Party is reportedly experiencing serious financial difficulty having spent millions of pounds defending itself over lawsuits related to antisemitism.
According to The Times, the party is believed to have forked out £2 million on antisemitism-related legal cases, as well as an extra £1 million to deal with a backlog of complaints.
Alongside legal costs, the party is struggling with a significant drop in membership numbers and fees.
Last week Labour’s ruling body, the National Executive Committee, were told membership figures have dropped from 550,000 in April last year to 430,000.