John Swinney ‘not concerned’ about SNP’s finances ahead of 2026 Holyrood election

John Swinney has reassured the public that he is not worried about the SNP’s financial situation leading up to the 2026 Holyrood election. The First Minister stated that he is actively working on strengthening the party’s finances in preparation for the upcoming election, which is less than 18 months away. Despite repeated questions regarding the investigation into the party’s funds, Swinney declined to comment.

Last month, the SNP announced plans to reduce its headquarters staff by 10 out of 26 employees and initiated a voluntary redundancy scheme to streamline operations ahead of the 2026 election. The party had previously been reliant on membership fees to cover running costs, but recent filings show substantial donations over £200,000 each since July.

Swinney has called on the public to donate to the SNP during the general election campaign to ensure the party is well-prepared for the upcoming election. He expressed confidence that the party will be financially equipped to effectively compete in the 2026 election. However, it is worth noting that the party still owes former chief executive Peter Murrell, who is also Nicola Sturgeon’s husband, £60,000 from a loan provided in 2022.

The investigation into the SNP’s finances, known as Operation Branchform, involves missing funds amounting to £600,000 raised for a potential second independence referendum. Both Sturgeon and former treasurer Colin Beattie have been arrested in connection with the probe. Despite these challenges, Swinney remains focused on strengthening the party’s finances for the upcoming election.

In summary, John Swinney’s reassurances about the SNP’s financial preparations for the 2026 Holyrood election come amidst ongoing investigations and challenges within the party’s financial management. With key staff reductions and substantial donations being reported, the SNP is making efforts to ensure its financial stability for the upcoming election.