Donations to UK political parties nearly doubled to £93m in 2023

7 months ago 27

Tories and Labour boosted by mega-donors, and fundraising gap between two parties appears to be narrowing

Political parties accepted £93m in donations last year, boosted by new Conservative and Labour mega-donors, with the 2024 election on course to be the highest-spending contest ever.

Figures from the Electoral Commission show the Tories raised £9.8m and Labour £6m in the last quarter of the year.

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