Analysis of Conservative Party donations shows that half of their money in the last quarter came from donors who attended private dinners with David Cameron and other senior Ministers. These donors, who include financiers, hedge fund managers and bankers, have given a total of £2.21 million in the last quarter according to new figures.

Michael Dugher MP, Labour’s Shadow Cabinet Office Minister, said:

“David Cameron leads a party with dwindling members but an ever-greater reliance on big money from an increasingly small number mega-rich donors.

“Cameron’s dinner dates with donors are boosting Tory coffers. It’s no wonder the Prime Minister won’t repeat the bankers’ bonus tax when he is bankrolled by bankers and in hoc to hedge funds.

“David Cameron is wining and dining the very same millionaires who have been given a tax cut by this Tory-led Government.

“While the Tories are funded by millionaire donors, the biggest share of Labour’s income comes from individual members and working people.

“Ed Miliband is changing his party to open up politics to the public. Cameron’s Conservatives are now dominated by a rump of millionaire Tory donors whose lives are a world away from ordinary working people.

“Millions are suffering from his cost of living crisis but our out of touch Prime Minister continues to stands up for just a privileged few.”

ENDS