Between April to June, Labour raked in over £10.4million – one of the party’s most lucrative quarters in its history. It includes a staggering £3million gift from former supermarket chairman Lord Sainsbury
Keir Starmer’s electoral war chest received a record boost this year with over £6million in donations from wealthy individuals and companies, according to new data.
The figure – covering April to June 2023 – represents one of Labour’s most lucrative quarters in the party’s history, according to Electoral Commission data published on Thursday. Including money from public funds and union donations in the same period, the party registered income of over £10.4million in the same period.
It comes as Labour continues to enjoy a double-digit lead over Rishi Sunak’s Tories in the national polls with a general election on the horizon next year. Of the private donations, a staggering £3million was donated by Lord Sainsbury, the former chairman of the supermarket chain Sainsburys, who endorsed Mr Starmer earlier this year.
Business tycoon Gary Lubner, the former Autoglass boss, also handed the party over £2.2million while ex-Labour MP Fiona MacTaggart, donated £250,000.