The party's submission to the Commissioner for Standards in Public Life set a pounds 15m limit on national spending by parties at a general election, but did not say on what time-scale. Labour spent pounds 27m in the two and a half years before the 1997 election while the Tories spent pounds 28.3m in a year.
Both Labour and the Liberal Democrats have pointed to the Tories as the worst offenders on secrecy and dubious donations. But there was Conservative anger last night over a proposal covering "third parties" which they said would allow unrestricted trade-union funding of Labour's election campaigns.
Labour's document also said foreign donations should not be allowed from individuals.
The Liberal Democrats proposed a pounds 50,000 limit on donations, publication of all donations of more than pounds 1,000 and a limit of pounds 4m during the run- up to elections. They also wanted state funding which would give each party pounds 2m per year. The Tories are expected to meet today's deadline for submissions.Reuse content