Tories Ran £2.3 Million Deficit Last Year mdi-fullscreen

The Electoral Commission has published the latest accounts for the UK’s main political parties in the year ending December 2022. Labour were far out ahead, raking in £47,171,000 compared to the Tories’ £30,682,000. The Tories made a near £2.3 million loss, spending £33,062,000. Admittedly Rishi never pledged to cut the deficit within the party…

Labour’s books are looking much healthier than the previous year – Sir Keir’s prawn cocktail offensive with big business must be paying off. In 2021 they made a £5 million loss, in large part thanks to plummeting membership numbers. For 2022 their outgoings were a whopping £44,450,000, though that still puts them roughly £2.7 million in the green for the year. The LibDems and the SNP also made losses, with the LibDems losing £753,788, and the Nationalists losing roughly £800,000. That’s a lot of motorhomes.

mdi-tag-outline Electoral Commission Labour Party Tories
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