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Watchdog urged to probe Labour’s failure to declare value of HSBC donation

Party accused of breaching Electoral Commission rules by failing to publish value of staffer seconded from banking giant

Watchdog urged to probe Labour’s failure to declare value of HSBC donation
Labour leader Sir Keir Starmer speaks at the Labour Business Conference on 1 February 2024 | Dan Kitwood/Getty Images
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The Electoral Commission has been urged to investigate Labour over its year-long failure to declare the value of a donation from banking giant HSBC.

HSBC seconded one of its staff members to Keir Starmer’s party in February 2023, in an arrangement that sees the bank continue to pay the staffer’s wages while they carry out work for Labour.

More than a year later, the party has still not published the value of this in-kind donation – an apparent breach of the Electoral Commission’s rules.