Conservatives raised nearly £2m, Labour £1m and Reform £280,000 from donors in last three months of year

The Conservatives raised twice as much in donations as Labour at the end of last year, including £250,000 from Michael Ashcroft.

Despite some Tory donors flirting with Nigel Farage’s Reform UK and others switching to Labour at the election, the party managed to raise almost £2m in the last three months of 2024 as Kemi Badenoch took over the leadership.