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Conservatives Outpace Reform UK with £3.36m in Q1 Donations

Major gifts from Jez San and David Ross have strengthened Conservative finances compared with Reform UK’s narrow donor base

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Nick Candy had said he would bring in between £20 million and £40 million for Reform UK before the next election

Overview

  • The Conservative Party’s £3.36m haul in the first quarter more than doubles Reform UK’s £1.5m total, Electoral Commission data show
  • A £1m contribution from game developer Jez San was the Conservatives’ largest single donation and £40,000 from David Ross marked his return as a donor ahead of his senior treasurer role
  • Reform UK relied on £613,000 from deputy leader Richard Tice’s Tisun Investments, accounting for 42% of its Q1 fundraising
  • Fiona Cottrell emerged as Reform UK’s biggest individual donor with a £250,000 gift in March while treasurer Nick Candy’s pledged £1m has not appeared in official filings
  • Conservative co-chairman Lord Dominic Johnson hailed the party’s “great shape” finances and the Tories have scheduled a major summer fundraising event backed by David Ross