Wednesday 11 September 2013

Political party income in 2012

The most recent accounts submitted to the Electoral Commission show that of the three main parties, Labour generated the most income, with £33 million received in 2012.
The chart and table below show where the parties got their money from last year.
Graphic: Top three sources of income by party,2012

Party finances 2012

Conservative Labour Lib Dem
Breakdown according to how the parties themselves identify specific areas of income.
Affiliations (Unions)
7,965,000
Affinity income
29,599
Commercial activity
621,000
3,373,000
Conferences
4,279,000
1,463,792
Donations
14,607,000
5,162,000
1,494,274
Fundraising
456,000
649,000
Grants
322,000
6,656,000
817,787
Interest
62,000
Investment
49,000
66
Legacies
99,000
119,000
Membership
747,000
5,508,000
890,251
Newspaper income
99,397
Notional income
779,000
780,000
213,466
Recharges to party bodies
769,449
Other
2,289,000
2,750,000
245,462
Total
£24,248,000
£33,024,000
£6,023,543
Notes:
  • Affinity income: Money received from joint commercial ventures, such as sponsored credit cards.
  • Government grants: 'Short money', given to the opposition, and policy development grants available to all political parties.
  • Notional income: Value of goods and services, ie. seconded staff
  • Recharges to public bodies: Income received by Lib Dems from the branches of the party in England, Scotland and Wales.

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