• Half of Tory donations in Q1 2014, over £3.2 million, came via David Cameron’s millionaire donor dinners
• ​In the most recent quarter hedge fund donors gave the Tories £3.27 million

Analysis of Conservative Party donations in the most recent quarter, Q1 2014, shows that half of the Tories’ money 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 £3.2 million in the last quarter according to new figures.

According to Electoral Commission figures, in the most recent quarter hedge fund donors gave £3.27 million, either in their own names or through related companies. 

A number of these individuals attend exclusive Leaders’ Group dinners with the Prime Minister and other senior Cabinet members.  Those who have attended the leaders group donated a total of £3.19 million in the recent quarter.

This government has given a £145 million tax cuts for hedge funds. The 2013 Budget abolished stamp duty reserve tax on funds, a £145 million giveaway to hedge funds.

Commenting, Michael Dugher MP said:

“Hardworking people are worse off under David Cameron, but his party is better off.  

"David Cameron’s party is increasingly bankrolled by a small number of millionaire bankers and dinner donors. It’s no wonder his government stands up for a privileged few over hardworking families.

"Half of the many millions rolling in to Tory coffers during the last quarter came from a wealthy elite who have exclusive access to the top table. These are the same millionaires who have been given a tax cut by the same Tory Government which is failing to address the cost-of-living crisis facing families.

"When the Tories are reliant on so few, the many are being overlooked.”