Steerpike Steerpike

Tories smash Labour on latest donations

Photo by Dan Kitwood/Getty Images

Some good news for Kemi Badenoch today. The latest donation figures for the end of 2024 are out – and they make for happy reading for the beancounters in CCHQ. The Tories reported £3.8 million in donations between October and December, compared to £1.6 million for the Liberal Democrats, £1.4 million for Labour and £336,800 for Reform. When public funds are excluded, Badenoch’s party raised £1.9 million in donations compared to £1 million, £685,000 and £281,000 for those led by Keir Starmer, Ed Davey and Nigel Farage respectively.

Reform’s sums included £100,000 from the financier and former Tory donor Roger Nagiof plus £50,000 from financial services firm JB Drax Honore, which has also previously donated to Tories. Robin Birley, the owner of private members club Annabel’s, has meanwhile officially moved into the Reform fold with a £25,000 donation. Reflecting on the figures, a Tory source told Mr S:

For all the media noise and commentary, Kemi is quietly getting on with overhauling CCHQ and rebuilding the party finances.

Get Britain's best politics newsletters

Register to get The Spectator's insight and opinion straight to your inbox. You can then read two free articles each week.

Already a subscriber? Log in

Steerpike
Written by
Steerpike

Steerpike is The Spectator's gossip columnist, serving up the latest tittle tattle from Westminster and beyond. Email tips to steerpike@spectator.co.uk or message @MrSteerpike

Topics in this article

Comments

Join the debate for just $5 for 3 months

Be part of the conversation with other Spectator readers by getting your first three months for $5.

Already a subscriber? Log in