UK

Labour receives more than £4.3m in donations in second week of election campaign

 the Conservatives attracted only £292,500.

Daniel Green   

21st June, 2024,

Photo: Claudio Divizia/Shutterstock

:

Labour received more than ten times the amount of donations than the Conservatives in the second week of the election campaign, the Electoral Commission has revealed.

Data published by the organisation showed Labour received £4,383,400 in donations in the week from June 6 to June 12, while

The Tories fell behind Reform UK and the Liberal Democrats in donations that week. Farage’s party received £742,000 in donations over that week, with the Liberal Democrats receiving £335,000.

The largest donation Labour received in the second week of the campaign came from Lord David Sainsbury of Turville, with a donation of £2.5m. Lord Sainsbury broke the record for largest political donation in British history in 2019, donating £8m to the Liberal Democrats.

Other large donations to Labour included £900,000 from businessman Gary Lubner, £700,000 from investor Martin Taylor and £100,000 from ASLEF.

By contrast, the largest donations received by the Conservative Party were two £50,000 donations from cash and carry firm Bestway Wholesale and The Spring Lunch.

Reform UK received £500,000 from the firm Britain Means Business, whose director is Richard Tice – former party leader and Reform UK candidate for Boston and Skegness.

The Co-operative Party, which has an electoral pact with Labour, received donations totalling £60,000.