Major UK Political Parties See Membership Declines Despite Financial Surpluses

Newly published accounts reveal shrinking memberships across key parties, but increased donations and surpluses help stabilize finances ahead of the General Election.

Labour lost 37,000 members in 2023, reducing total membership to 370,450, yet reported a smaller-than-expected deficit.
The SNP's membership dropped by nearly 10,000, but the party ended the year with a £661,568 surplus.
The Liberal Democrats saw a membership decline of around 11,000 but achieved a surplus of £271,258 due to increased donations.
Conservative Party membership income fell, but a £10 million bequest contributed to a substantial £17.9 million surplus.
The Green Party maintained stable membership numbers, while Reform UK reported significant growth without publishing exact figures.