Party Funding UK Flashcards
Why do parties need funding
Campaigns, conferences, research, SPADs/staf
How are parties funded
Membership, trade unions, local constituency funding, public funding, donations.
What was the breakdown of funding via membership in 2022
Labour received 16million (35% of their total funding for that year)
Tories Funding from membership was 6.5%
What was the trade union act
2016 - obliged new trade union members to “opt-in” to payments towards political parties.
What is short money
Money available to parties with 2 or more seats
How much money did Lord Sainsbury donate to labour in the lead up to the 2024 election
£2.5million
How much did Peter Cruddas give to Johnson’s campaign for party leader
£50,000 (he was appointed to the lords in 2019 - despite not passing the Appointment committee’s vetting process)
What was the Bernie Ecclestone scandal
1997, Bernie Ecclestone gave New Labour £1m which was allegedly connected to the pause on the ban on tobacco advertising in F1
Political parties, elections and referendums act 2000
Law that created the electoral commission and governs political donations.
Donations greater than what amount must be declared to the EC
(Donations must be from a person on the electoral role) £7,500
As of 2022, how much has the conservative party raised from Russian-UK citizens
Almost £2million
However, the party has not implement
What was the Tories’s biggest source of donations during the 2024 election
Lottery - raised £225,000 (out of 1.9m total - a tenth of what they raise the previous election and a fifth of what labour raised)
As of 2022, how many conservative peers are big donors of the party
1 in 10 had donated over £100,000
