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Funding of Political Parties - Inter-party talks suspended without agreement.

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M2 PRESSWIRE-31 October 2007-UK Government: Funding of Political Parties - Inter-party talks suspended without agreement(C)1994-2007 M2 COMMUNICATIONS LTD

RDATE:31102007

Talks between the three main political parties to reach agreement on measures to reform political party funding have been suspended, Sir Hayden Phillips, the Chairman of the Talks, announced today.

In announcing the suspension of the talks Sir Hayden said:

"The issue of how political parties are funded is one of considerable public importance, not just in terms of probity and propriety, but also in terms of helping to restore trust and confidence in the wider political system.

"In my report on party funding published in late March I set out the principles upon which I believed an agreement on future reform could be reached.

"On this basis, the three main parties agreed to enter into direct discussions with each other. These inter-party talks began in May under my chairmanship and there were four meetings held through the summer. In my view good progress was made.

"I said at the outset of these talks that I believed that...

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