SNP’s finances are in ‘robust health’, says Blackford

Snp’s Finances Are In ‘Robust Health’, Says Blackford
The party’s former Westminster leader said the party is ‘solvent’. Photo: PA Images
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Laura Paterson, PA Scotland

The Scottish National Party's former Westminster leader has said the party’s finances are in “robust health” following claims its ruling body was told it is struggling financially.

Ian Blackford said the party can meet all its financial obligations and is “solvent”.


He was speaking following reports in The Sunday Times that the party’s treasurer Colin Beattie told the SNP’s National Executive Committee (NEC) meeting on Saturday it is “having difficulty in balancing the books due to the reduction in membership and donors”.

Mr Blackford told BBC Radio Scotland’s The Sunday Show these reports had been “highly selective”, echoing comments by a party spokesperson that the quotes were “out of context” and that Mr Beattie had told the NEC the party’s finances are “balanced”.



Mr Blackford said: “Absolutely, categorically, the SNP is solvent, the finances are in balance. We will be able to meet our obligations, our liabilities going forward.

“Everybody knows there has been a dip in SNP membership. I’d like to think that we can grow the membership over the course of the coming period, but when all is said and done, we’ve still got over 70,000 members – members that are paying subscriptions – donations coming in, parliamentarians making contributions.

“As would be normal, we’d be looking at how we can raise additional funds as well.”


He added: “The party, financially, is in robust health in terms of meeting its obligations.”

The NEC agreed to hold a review into governance and transparency, including bringing in external oversight, which could include forensic accountants.

The review comes as police investigate the party’s finances in a probe which has involved former chief executive Peter Murrell being arrested then released without charge.

Mr Blackford also told the programme he could not “tell you exactly when” he heard that the party’s auditors had quit.


Earlier, it emerged Scottish first minister Humza Yousaf did not know the firm had quit months previously until he took over as SNP leader.

Scottish Labour deputy leader Jackie Baillie said: “That Blackford claims to not remember when he was told that the auditors had quit is mind-boggling.

“All the evidence shows that they resigned while he was leader of the SNP Westminster group.”

Scottish Conservative chairman Craig Hoy said: “While sensible voices in the SNP are demanding the party finally fronts up and opens the books on its murky finances, Ian Blackford continues to treat members – and the public – as fools.”


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