Politics
Labour Party raises 15 times more than Tories in donations during second week of campaign
The Labour Party raised almost £4.4m in the second full week of the general election campaign – close to 15 times the amount brought in by the Tories.
Rishi Sunak’s party took in just under £300,000 between 6 and 12 June.
Reform UK raised more than double this figure, with £742,000 taken. However, £500,000 of this money was handed over by Britain Means Business, a company run by Reform’s deputy leader Richard Tice.
The Liberal Democrats also took in more than the Conservatives, raising £335,000.
The Green Party raised £20,000.
Labour raised £4,383,400 – and its partner the Co-operative Party raised £60,000.
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The Conservatives raised £292,500, according to Electoral Commission figures.
The Tory figure is also roughly half of what they raised in the first full week of the campaign.
Labour has raised almost 15 times what the Tories did. Pic: Reuters
Between 30 May and 5 June, the Conservatives took in £574,918, compared to Labour’s £926,908.
However, looking at the 2019 election, the Conservative Party raised 10 times this figure in the first week of the campaign – raising £5.7m between 6 and 12 November 2019.
Labour took in £218,500 at this time.
Who gave the parties the most money?
Digging into the breakdown from the Electoral Commission, we can see a bit more about who gave the different parties the most money.
As mentioned, Reform’s biggest donor is a company run by their deputy leader.
A man called David Lilley also gave the party £100,000, and another notable contributor was Holly Vukadinovic – the maiden name of model Holly Valance – who gave £50,000.
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For Labour, the biggest donor was Lord Sainsbury, who gave £2.5m, followed by Autoglass boss Gary Lubner, who handed over £900,000.
Their largest union donation came from train driver body Aslef, which donated £100,000.
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For the Lib Dems, they received £150,000 from Adam Management Holdings, and another £100,000 from the late John Faulkner, a former party member who has left money to the party.
The Conservatives registered a £50,000 donation from “The Spring Lunch” – which is the name of one of their fundraising events – as well as £50,000 from Bestway Wholesale, a company which has a Tory peer named as a director.