Political Donations Surge as General Election Approaches

Both the Labour and Conservative parties dominated the fundraising landscape this quarter, each receiving around £9 million in donations.

An official attaches a sign to a polling station as voting begins in the by-election in Wakefield, England on June 23, 2022.Ian Forsyth/Getty Images

Donations to political parties in the first quarter of the year surged, according to Electoral Commission data released on Thursday.

According to the commission, parties raised more than £22.9 million in donations and public funds in the first three months of 2024, compared to £20.9 million in the same period in 2023.