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Page last updated at 10:40 GMT, Saturday, 6 March 2010

Ashcroft agreement 'differed' from announcement

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Talks between the three main political parties on measures to reform political party funding have been suspended, Sir Hayden Phillips, the chairman of the talks, announced today. Does the Ashcroft affair serve primarily to emphasize the need to address the system of political party funding in the UK? Sir Hayden, who was permanent secretary at the Lord Chancellor's Department when Lord Ashcroft was awarded his peerage, discusses whether we need to reform the system of political funding in the UK.

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