What is the exact relationship with the Labour Party?
• The Co-operative Bank provides an array of services and banking facilities to a wide range of political groups and organisations. For example, around 30% of local government authorities, which include Councillors drawn from across the political spectrum, have some form of banking relationship with The Co-operative Bank. All these facilities, including the existing relationship with the Labour Party, are transacted entirely on a commercial basis. • The Co-operative Group, which is the parent organisation to The Co-operative Bank, makes an annual, voluntary, declaration in its statement of accounts about any donations, in cash or kind, made to registered political parties. • The Electoral Commission, which is the regulator of UK party and election finance, publishes public registers containing information submitted, under the terms of the Political Parties, Elections and Referendums Act 2000, by political parties about their finances, including donations and loans. Its website can be a
