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Who’s winning the donations battle?

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Reform has triumphed in the donations league table for the first quarter of 2026, raking in an eye-watering £9.4 million. The party filled its coffers with cash from 31 donors, including whopping sums of £4 million and £3 million from crypto kings Ben Delo and Christopher Harborne respectively.

The Conservatives may not be flying high in the polls, but MPs today hailed the ‘Badenoch bounce’ after a surge in party donations. The party came in second place, with £6 million from 174 individuals, up 25 per cent on the same period in the first quarter of 2025. Chairman Kevin Hollinrake trumpeted:

Under Kemi’s leadership, the Conservative Party is attracting a real breadth and depth of donors. Unlike other parties, we are not reliant on foreign based crypto-billionaires or trade union paymasters.

Labour’s pockets have been lined to the tune of £4.1 million from 119 donors. Naturally, the union barons played their usual part, with Sir Keir Starmer collecting hundreds of thousands from the likes of Unite, GMB, Unison, CWU, FBU and USDAW. The scandal-hit think tank Labour Together, of spying-on-journalists fame, gave the party £82,000.

Behind Labour, the Lib Dems pulled in £2.9 million, the Greens £261,000 and the SNP £217,000. That should be enough for another luxury campervan and a high-end salt shaker or two.

Steerpike
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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

This article originally appeared in the UK edition

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