Accounts published by the Electoral Commission showed the party’s income and membership numbers fell in 2022.
First Minister and SNP leader Humza Yousaf insisted his party’s finances are on a ‘steady footing’ – despite figures showing its deficit grew to more than £800,000 in 2022
In the accounts, the SNP said “neither this deficit, nor the balance sheet are out of keeping with other years in which nationwide elections were fought”, with council elections having taken place across Scotland in 2022. The accounts said “overall membership payments decreased by 9% during 2022” – adding that since March last year, the party had “pre-empted cancellations” by offering its members the option of skipping their payments, taking a payment holiday, or lowering these through “reduced giving”.
A loan of £60,000 from the party’s “executive management” was still outstanding in 2022, according to the accounts, with former chief executive Peter Murrell – the husband of Nicola Sturgeon – having loaned money to the party. Scottish Labour deputy leader Dame Jackie Baillie said the accounts show “the SNP is a party in utter disarray”.
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