8/15/2007

Billionaire Donor says "I'll bankroll Labour campaign"

The Times reports this morning that a billionaire is prepared to give "as much as he can" to bankroll an early election should Gordon Brown call it.

There has been a lot of talk recently of an early election, and if I were Brown I would certainly go for it as soon as possible given the volatility on the markets and the fear the inflation and interest rate will rise.

Some have suggested the Brown cannot afford an early election, but The Times article makes clear that Labour have a swathe of other donors willing to donate and not having the lavish funds that the Tories might have could be made in to a virtue, if the campaign is played right.

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