Political Parties and Elections Bill

My hon. Friend may be interested to know that the two references on page 44 of the research paper relate, first, to a disputed analysis for the Policy Exchange, which does indeed exclude Ashcroft money and Liberal Democrat income, and, secondly, to a declining amount of local constituency expenditure as recorded by the Constitutional Affairs Committee, not a decline in national expenditure. The ““arms race”” is all about a discussion of the rise of national party expenditure.