Wednesday, November 25, 2009

Tories Lead Labour by 2 million in fundraising

The latest figures from the Electoral Commission show that the Conservative party receieved 5.27 million pounds in donations in Q3 as opposed to just 3 million for the Labour party. The poor lib dems only received 816,663 which I think shows that regardless of how much people believe support for them is increasing or any hopes people may have they could become a stronger power / an opposition in British politics, they simply won't.

In total political parties received 9.5 million in the quarter down from 13.2 million in the previous quarter (april to June). Any way you look at it these are large figures, by comparison Children in Need this year raised 20 million pounds and was seen as a huge success, so are people more willing to give to political parties than to charity?

This also continues to be a great fact for the conservatives with most if not nearly all donations coming from individuals whilst the Labour Party continue to receive large block donations from unions. Interestingly when you look at per person figures there are approximately 290,000 members of the conservative party so in the last 3 months they on average gave just £18.17, by comparison the Lib Dems have around 73,000 members who are on average each giving £11. I couldn't find current membership figures for Labour, but apparently in 2005 it was 198,000 so they are on average gave the party £15 however I suspect that was one or two generous unions rather than a collective of generous individuals as unions supposedly represent 90% of Labour Donations now. If that's true then members on average gave just £1.04 each in the last quarter. Clearly an unexpected effect of the current financial climate for Mr Brown!

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