It turns out Labour has raised £8m more than the Conservatives, for one beautiful reason [IMAGE]

Support us and go ad-free

It turns out that the Labour Party raised £8m more than the Conservatives in 2016, for one beautiful reason: sheer grassroots support.

When it comes to individual donations and fundraising, the Conservative Party was ahead. The Tories received £19.6m in individual donations, while Labour got £15m.

But then there’s membership fees. Powered by Jeremy Corbyn’s political platform, Labour membership skyrocketed after his first election as leader. And in 2016, Labour received £14m from its grassroots base.

It’s not so promising for the blue team, though. A dwindling Conservative Party membership yielded the party just £1.5m:

How many members?

In 2015, Labour received £5.5m less in membership fees than in 2016, illustrating its drastic increase in support under Corbyn. While Labour doesn’t provide a running commentary on its membership, the most recent estimate from March this year was 517,000. By contrast, the Conservatives have not provided membership figures since 2013.

The Conservative Party did not comment on its membership, but Labour said:

Read on...

Support us and go ad-free

Labour is a mass membership party, proud to be funded by our members and working people.

It is this broad funding base that makes us the party of ordinary working people, while the Tories increasingly rely on a small pool of super-rich donors.

During the 2017 election, the Conservative Party was largely bankrolled by property tycoons, bankers and tax dodgers. Courtesy of a similar ultra-rich minority, the Conservatives raised a total of £21.1m in membership fees and donations in 2016. Labour, with the help of many ordinary members, raised £29m.

Now, Labour needs to put that money to good use – training activists, broadcasting policy discussion, and generating social media content.

But the very fact that Labour raised more than the Conservatives in 2016 shows that the power of the masses can trump that of the rich. Even when it comes to money, ordinary people can win.

Get Involved!

– Support the Unseat Campaign which is targeting eight marginal seats where Conservative candidates are vulnerable in the next election.

– Support the work of Momentum, a grassroots pro-Corbyn Labour campaign.

Featured image via Rwendland/Wikimedia/Teacher Dude/Flickr

Support us and go ad-free

Do your bit for independent journalism

Did you know that less than 1.5% of our readers contribute financially to The Canary? Imagine what we could do if just a few more people joined our movement to achieve a shared vision of a free and fair society where we nurture people and planet.

We need you to help out, if you can.

When you give a monthly amount to fund our work, you are supporting truly independent journalism. We hold power to account and have weathered many attempts to shut us down and silence the counterpoint to the mainstream.

You can count on us for rigorous journalism and fearless opposition to an increasingly fascist government and right wing mainstream media.

In return you get:

  • Advert free reading experience
  • Behind the scenes monthly e-newsletter
  • 20% discount from our shop


The Canary Fund us

Comments are closed