UK Politics

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Where Labour and the Tories got their money from in 2023 (www.opendemocracy.net)

submitted 7 months ago by Jho@feddit.uk to c/uk_politics@feddit.uk

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All parties declared more than £93m in total compared with £52m in the previous year.

The Conservatives received the most donations by far, raking in £44.5m in cash, compared with Labour’s total of £21.6m, £6m for the Liberal Democrats, £610,000 for the Green Party and £255,000 for Reform. The SNP registered only £76,000 cash donations in 2023.

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[–] Jho@feddit.uk 4 points 7 months ago* (last edited 7 months ago) (1 children)

Of the £21.5m in cash received by Labour in 2023, just £5.9m came from the trade union movement, compared with £14.5m from companies and individuals – a huge increase on the previous year, and indeed more than in the three previous years of Keir Starmer’s leadership combined.

As trade union contributions have dipped slightly, from around £6.9m in 2020 and 2021 to £5.3m in 2022, donations from businesses and individuals have soared: they totalled £2.3m in 2020 and rose to £3m in 2021 and £7.6m in 2022 before nearly doubling last year.

Around £10m of this total comes from just four sources: Gary Lubner (£4.6m), David Sainsbury (£3.1m), Fran Perrin (£1m) and Ecotricity (£1m). This means that just two individuals gave the Labour Party more money last year than all the trade unions combined.

Very concerning... but also not surprising.

[–] samc@feddit.uk 1 points 7 months ago

I do wonder if this being an election year has an effect? Maybe there's a trend if you go back far enough.