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.
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.
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.