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Where Labour and the Tories got their money from in 2023

www.opendemocracy.net Revealed: The big money backers behind Labour and the Tories

Labour’s cash from private donors now dwarfs donations from unions, while the Tories got their biggest bung ever

Revealed: The big money backers behind Labour and the Tories

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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Latest update on party funding reveals that British politics is now largely funded by rich individuals on both sides of the mainstream political divide.

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