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David Cameron’s election bankrolled by a small pool of big money donors

labourpress:

- Latest figures from the Electoral Commission reveal that hedge funds have given to the Tories a total of £45.7 million in donations, and have received a £145 million tax cut

- Analysis of Conservative Party donations shows that almost £2m of donations in the last quarter came from donors who attended private dinners with David Cameron and other senior Ministers, taking the total to £5m from dinner donors in 2014

Jonathan Ashworth MP, Labour’s Shadow Cabinet Office Minister, said:

“Families are struggling with their finances but Tory Party coffers are booming.

"The Prime Minister wants to buy the next election with a small pool of big-money donors bankrolling his campaign. In contrast Labour has thousands of activists across the country working in communities.

"When millions are flowing in from hedge funds and exclusive groups of donors, is it any wonder David Cameron stands up for the privileged few?

"Millionaires and hedge funds have been given a tax cut while hardworking families suffer from a cost-of-living crisis. David Cameron is leading an out-of-touch, hollowed-out party which has no answers to the major challenges our country faces.”

Ends

shared 9 years ago on Wed, 13th with 2 notes
Originally made by labourpress, reblogged from labourpress
#news just in: the tories are funded entirely by rich people and no one is surprised. more at 11#politics
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