With the 2024 general election set to be the highest-spending contest ever, we look at who is giving to which party and why. Britain's Conservative government says the party does not plan to give back 10 million pounds it received in the past year from a donor who remains anonymous. This revelation has raised questions about the influence of mega-donors on UK politics and the fundraising practices of political parties.
The Tories and Labour have been boosted by mega-donors, and the fundraising gap between the two parties appears to be narrowing. UK public trust in political parties has collapsed to a mere 12%, reflecting a growing disillusionment with mainstream politics. The relationship between money and politics in the UK has come under scrutiny, with concerns about the influence of wealthy donors on policy decisions.
What are the rules on donations in the UK? Politics and money have become intertwined, with donations playing a significant role in funding political campaigns. The recent controversy surrounding the Conservative party's acceptance of a 10 million pound donation has highlighted the need for transparency and accountability in political fundraising.