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Conservative Party receive over half of all political donations

By Joe Mellor, Deputy Editor Political donations are always a controversial topic and don’t sit well with most voters. Who is giving these gifts and why, are the questions most people wonder, when parties end up with huge sums of money. Well of all the political parties the Conservative Party receives more in donations than […]

Joe Mellor by Joe Mellor
2016-05-26 11:08
in Finance, News, Politics
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By Joe Mellor, Deputy Editor

Political donations are always a controversial topic and don’t sit well with most voters. Who is giving these gifts and why, are the questions most people wonder, when parties end up with huge sums of money.

Well of all the political parties the Conservative Party receives more in donations than the rest of the parties put together this year, it has just been revealed.

Over £6.7 million of the nearly £12 million in donations that have been reported to the Electoral Commission between January and March went to the Tories.

This might seem unfair to a lot of people, but as the party of Government, you would assume they would be given more money, than the rest, but the difference is huge.

Of the other parties Labour got £3.7 million, the Lib Dems only took £529,000 and UKIP ended up with £187,080.

The report also said that the value of parties’ outstanding loans fell £571,570 down to £4,126,079.

Financing political parties has been a hot topic lately, The Conservative party were accused of changing the way parties get central funding, which would put them at an advantage compared to the other major political parties.

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