Labour Dominates Campaign Donations, Outraising Tories by Nearly 15-Fold in Second Week

During the second week of the campaign, the Labour Party significantly outperformed other parties in fundraising, collecting 15 times the amount that the Conservatives did. From June 6 to June 12, political parties collectively garnered £5.8 million in donations, with the Labour Party leading the pack, followed by Reform and the Liberal Democrats, both of whom also surpassed the Tories in fundraising.

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Friday, June 21, 2024, at 8

During the second complete week of the general election campaign, the Labour Party garnered nearly £4.4 million, which is almost fifteen times more than the contributions received by the Conservatives.

Rishi Sunak's political group received slightly less than £300,000 in the week spanning June 6 to June 12.

Reform UK managed to collect over twice that amount, securing £742,000. Of this, £500,000 was contributed by Britain Means Business, a firm headed by Richard Tice, the deputy leader of Reform.

The Liberal Democrats outpaced the Conservatives in fundraising, bringing in £335,000.

The Green Party collected £20,000 in funds.

The Labour Party received donations totaling £4,383,400, while its associate, the Co-operative Party, garnered £60,000.

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Electoral Commission data shows that the Conservative Party garnered £292,500 in contributions.

The Conservative Party gathered about half the amount in donations during the first complete week of the campaign compared to what they raised initially.

From May 30 to June 5, the Conservative Party received £574,918 in donations, while the Labour Party garnered £926,908.

During the initial week of the 2019 campaign, from November 6 to November 12, the Conservative Party managed to gather a substantial sum of £5.7 million, which was ten times more than the amount collected in the same period.

The Labour Party received £218,500 during this period.

Who was the largest donor to the parties?

Exploring the details provided by the Electoral Commission, it becomes clearer who the major donors were for the various political parties.

As highlighted, the primary financial contributor to Reform is a business operated by their vice leader.

David Lilley contributed £100,000 to the party, while Holly Vukadinovic, better known by her professional name, model Holly Valance, donated £50,000.

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For the Labour Party, the top contributor was Lord Sainsbury, who donated £2.5 million. He was followed by Autoglass executive Gary Lubner, who contributed £900,000.

The most substantial contribution from a union was provided by the train drivers' association Aslef, which gave £100,000.

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The Liberal Democrats were granted £150,000 by Adam Management Holdings, and received an additional £100,000 from the estate of John Faulkner, a deceased former member who bequeathed funds to the party.

The Conservative Party recorded a donation of £50,000 from an event known as "The Spring Lunch," a gathering aimed at raising funds, and an additional £50,000 from Bestway Wholesale, a business that lists a Conservative peer as one of its directors.

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