Peter Kenyon has recommended reading information posted at
http://www.labourcommission.org.uk.
I noticed that the issue has also been under discussion at the European Parliament. reported that "MEPs have agreed (November 29th) on reform of European political party financing and the setting up of party-affiliated political foundations, paving the way for political campaigns designed to boost voter turnout ahead of the 2009 elections."
There was quite an ugly debate in the House of Commons debate yesterday. Much mud was slung! The debate can be read at http://www.publications.parliament.uk/pa/cm200708/cmhansrd/cm071204/debtext/71204-0005.htm#07120463000001 or watched at http://www.parliamentlive.tv/Main/VideoPlayer.aspx?meetingId=520 (01:45:21 into the recording)