Labour slapped with fine for not declaring costs incurred on the infamous "Ed Stone"

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Labour has been slapped with a £20,000 fine for not declaring all of its general election expenses to the Electoral Commission – this included the stone tablet unveiled during the campaign.

The 8ft “Ed Stone”, which depicted all of former leader Ed Miliband’s pledges, was among £123,748 of payments that the party failed to report.

According to the BBC, a further 33 receipts, worth £34,392, were missing.

Bob Posner, the commission’s director of party and election finance, said: “The Labour Party is a well-established, experienced party.

“Rules on reporting campaign spending have been in place for over 15 years and it is vital that the larger parties comply with these rules and report their finances accurately if voters are to have confidence in the system.”