Labour and the funding of political parties

According to BBC News, the Labour party received a donation of almost fourteen million pounds prior to the 2005 general election. There is some talk of funders being offered peerages, but this is being denied by Labour ministers.

Personally, I believe the twenty million pound limit on election funding should be scrapped. Would this lead to extra "sleaze", or kowtowing to large lobby groups? Possibly. But it's really secondary if this happens.

Voters wouldn't have to vote for candidates who were reluctant to make all of their funding public. Naturally voters are turned off by sleaze, so they wouldn't be attracted to candidates who were sleazy. One simply has to refrain from voting for a candidate who doesn't openly declare the sources of their funding.