Tories Given Nearly £25m As Election Donations To Parties Hits Record £40.1m

Tories Given Nearly £25m As Election Donations To Parties Hits Record £40.1m
|

Political parties received a record £40.1 million in donations in the run-up to this year's general election, according to new figures.

More than half of the cash went to the Conservative Party, which took almost £25 million from donors in the three months from April to June, compared to £9.5 million for Labour, the Electoral Commission said.

The total was £9.4 million more than the previous highest quarter on record, which coincided with the 2015 general election.

In total, Conservatives received £24,840,627 over the three-month period, Labour £9,492,519, Liberal Democrats £4,358,410 and the Scottish National Party £596,000.

Ukip, which was boosted by a £1 million donation from Arron Banks ahead of the 2015 election, was less well-funded in 2017, receiving just £156,455 in the second quarter of the year.

This was less than the £282,931 donations to the Women's Equality Party and the £176,363 received by the Greens. Plaid Cymru had donations of just £5,300.

The £40 million total was more than £30 million higher than the amounts received during the first three months of 2017, reflecting the short period parties had to build up their election war-chests as a result of Theresa May's surprise decision to call a snap poll on April 18.

Electoral Commission director of political finance and regulation Bob Posner said: "The snap general election prompted political parties to raise record-breaking sums in the second quarter of 2017.

"The reporting and publication of this data is key to providing voters with transparency about how political parties financed their general election campaigns."

The biggest donor during the three-month period was the trade union Unite, which gave £4,165,935 to Labour.

Jeremy Corbyn's party also benefited from gifts of £1,253,711 from the GMB union, £1,039,794 from the Communication Workers Union, £922,586 from Unison, and £411,340 from Usdaw.

The Conservatives' largest donor was construction vehicle manufacturer JCB, which gave £1.5 million. Mark Bamford, the brother of JCB's chairman Lord Bamford, also gave £750,000.

Former Tory treasurer Lord Ashcroft contributed £500,000 to the election war-chest - his first donation to the party since a gift from his Bearwood company in 2011.

Hedge fund manager John Armitage gave Mrs May's party £1.1 million and Addison Lee founder John Griffin £1.033 million - the largest gifts yet given by the two long-standing Tory donors.

John Gore, the theatre producer behind The Book Of Mormon and Phantom Of The Opera, gave the Tories £1 million, entrepreneur David Brownlow gave £600,000.

The Liberal Democrats' largest single donor in the three-month period was entrepreneur Andrew Dixon, who gave the party £305,100.