Political

A quiet revolution in political party finance

As the Financial Times reported earlier this week (expanding on a point Stephen has made previously):

The [Liberal Democrats] party said it had raised more than Labour from individual and corporate donors in five out of the past six quarters. In the second quarter of this year the party attracted £850,000 against £300,000 for Labour, which is now majority financed by money from the big unions.

As far as I’m aware, this is the first time the Liberal Democrats have been raising more money from non-trade union sources than the Labour Party, which is a major change from the previous well-established and large Labour lead in such funding.

Leave a Reply

Your email address will not be published.

All comments and data you submit with them will be handled in line with the privacy and moderation policies.