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Q2 2018 Donations and Loans Summary Document GB.Pdf Summary of GB political parties’ donations and borrowing for quarter two 2018 (April to June) The Electoral Commission is the independent body which oversees elections and regulates political finance in the UK. We work to promote public confidence in the democratic process and ensure its integrity. Registered political parties are required to report quarterly donation and borrowing returns to us within 30 days of the end of each calendar quarter. This document is a summary of donations and borrowing reported to us in the quarter two 2018 returns. Find full analysis and a breakdown of the figures for quarter two, 2018 here. Read our news release on the quarter two donations and loans here. For a summary of Northern Ireland political parties’ donations and borrowing for quarter two 2018, read our news release on the quarter two donations and loans to Northern Ireland political parties here. Donations Table 1: Reported donations to political parties over the last four quarters Quarter Donations Public funds Donations total excluding public funds Q2 2018 £8,405,500 £4,876,614 £13,282,114 Q1 2018 £6,914,776 £1,778,311 £8,693,087 Q4 2017 £6,779,469 £2,870,327 £9,649,796 Q3 2017 £6,447,699 £3,697,031 £10,144,730 Total £28,547,444 £13,222,283 £41,769,727 Table 2: Donations to political parties accepted in quarter two 2018 (April to June) Party Donations Public funds Total excluding accepted in public funds quarter 2 2018 Aspire £9,873 - £9,873 Communist Party of Britain £32,859 - £32,859 Conservative and Unionist Party £4,880,201 £43,195 £4,923,396 Co-operative Party £489,005 - £489,005 Duma Polska = Polish Pride £23,000 - £23,000 Green Party £13,080 £27,611 40,691 Labour Party £2,121,163 £3,517,355 £5,638,518 Liberal Democrats £594,927 £708,070 £1,302,997 Renew £30,245 - £30,245 Plaid Cymru – The Party of Wales1 - £189,989 £189,989 Scottish National Party (SNP) £62,103 £390,395 £452,498 UK Independence Party (UKIP) £114,044 - £114,044 Women's Equality Party £35,000 - £35,000 1 Party does not appear in press release as they only reported accepting public funds this quarter and not any donations Party Donations Public funds Total excluding accepted in public funds quarter 2 2018 Total £8,405,500 £4,876,614 £13,282,114 Table 3: Donations accepted in previous quarters and reported late in quarter two 2018 Party Central Party Accounting unit Value Number Value Number Labour Party £262,680 6 £86,528 24 Liberal Democrats £38,077 18 Total £262,680 6 £124,605 42 Table 4: Top donors for quarter two 2018 Donor Name Total amount Recipient Conservative and Mr Ehud Sheleg £750,000 Unionist Party Union of Shop Distributive and Allied £610,835 Labour Party Workers Unite the Union £515,152 Labour Party GMB £348,384 Labour Party The Co-operative Group Ltd £312,800 Co-operative Party Conservative and Mr Anthony V Martin £250,000 Unionist Party Ferring Pharmaceuticals Ltd £234,347 Liberal Democrats Conservative and Mr Roger I Dixon £200,000 Unionist Party Conservative and National Conservative Draws Society £175,000 Unionist Party Conservative and Huntswood Associates Limited £170,000 Unionist Party Public funds Table 5: Total of public funds accepted by parties in quarter two 2018 by type Party Short money Cranborne Financial Policy Total (House of money (House assistance to Development Commons)2 of Lords)3 parties (Scottish Grant Parliament)4 Conservative and Unionist - - £43,195 - £43,195 Party Green Party £27,611 - - - £27,611 Labour Party £2,843,314 £163,296 £45,148 £465,597 £3,517,355 Liberal Democrats £157,677 £75,298 £9,499 £465,597 £708,070 Plaid Cymru – The Party of £24,928 - - £165,061 £189,989 Wales Scottish National Party (SNP) £197,772 - - £192,623 £390,395 Total £3,251,302 £238,594 £97,842 £1,288,878 £4,876,614 2 Allocated to opposition parties in the House of Commons to assist with costs 3 Allocated to opposition parties in the House of Lords to assist with costs 4 Allocated to opposition parties in the Scottish Parliament to assist with costs Late reporting There were 343 registered political parties in Great Britain during quarter two 2018. 83 were required to submit a quarterly donation report and 75 to submit borrowing information within the deadline. Of these, the following parties failed to submit a donation or loan report for the Q2 2018 deadline. Donations Reported late Failed to report Abolish the Town Council Party British Independent Reform Party Bournemouth Independent Alliance East Leeds Independents Party Campaign Against Pedestrianisation Independent Alliance North of Oxford Street Lanarkshire Democrats and Veterans Party Northamptonshire Independents Nottingham Independents St. Neots Independent Group People First - Gwerin Gyntaf Taking The Initiative Party The Centrist Party The Harold Hill Independent Party Tunbridge Wells Alliance The People's Revolution Party Viva Europa The Plumstead Party United Kingdom Veterans' and West Windsor Residents Association People's Party WISE (Wales, Ireland, Scotland, Wandsworth Planning Reform Party England) Reunited Borrowing Reported late Failed to report Abolish the Town Council Party British Independent Reform Party Bournemouth Independent Alliance East Leeds Independents Party Democrats and Veterans Party Friends Of Rochford Independent Alliance North South Yorkshire Save Our NHS Lanarkshire The Centrist Party Legacy The Yorkshire Party People First - Gwerin Gyntaf Tunbridge Wells Alliance Regional Party West Windsor Residents Association Renew WISE (Wales, Ireland, Scotland, Swale Independents England) Reunited Taking The Initiative Party The Harold Hill Independent Party The People's Revolution Party The Plumstead Party United Kingdom Veterans' and People's Party Unity in Action Viva Europa Wandsworth Planning Reform Party Note: All other parties are currently exempt from quarterly reporting. Parties that submit nil returns for four consecutive quarters are then exempt from quarterly reporting. The exemption continues to apply unless the party receives reportable donations again at which point the exemption is lifted and the party would again have to submit quartely reports to the Commission. Any potential breaches of the legislation will be considered in line with our published Enforcement Policy, which can be viewed here. Borrowing Table 6: Total outstanding borrowing by party as at 30 June 2018 Party Loans5 Credit Connected facilities6 transactions7 Alliance EPP: European People’s Party UK £56,741 £2,065 Ashfield Independents £14,424 Conservative and Unionist Party £842,019 £7,539,000 English Democrats £166,644 Equal and Just Society £8,000 Green Party £11,488 Labour Party £1,036,427 £113,000 Liberal Democrats £1,074,555 £55,000 £40,000 Plaid Cymru - The Party of Wales £9,413 £150,000 Scottish National Party (SNP) £165,553 Scottish Socialist Party £63,000 £10,000 The Peoples Party For Better Government £7,800 5 This is the maximum value of loans entered into by a party. In some instances, amounts may have been repaid and converted to donations. Further detail is available on PEF Online 6 Credit facilities are an agreement where a registered party is entitled to receive a loan of money from time to time from another person (or organisation). The credit facility will generally have an upper limit specified in the credit facility agreement. Examples of common credit facilities include overdrafts and credit cards. The amount displayed is the maximum that can be borrowed and not the amount that is drawn upon at any one time 7 Connected transactions are an arrangement where a person (or organisation) gives any form of security on behalf of a political party in respect of a loan or a credit facility arranged with someone other than the party or the person giving security. Where a person (or organisation) has provided security or a guarantee, it is the maximum that they could be liable to pay. The Yorkshire Party £7,000 £11,172 Time Party UK Independence Party £315,379 (UKIP) Total £3,789,615 £7,867,000 £42,065 Table 7: New loans reported in quarter two 2018 Full details of loans, including the date on which the loan was entered into, date repayable, interest rate (whether fixed, variable or nil), whether security was given and details of the lender are available at: http://search.electoralcommission.org.uk/ Party Total value of new loans Ashfield Independents £14,424 Green Party £4,518 Labour Party £14,576 Liberal Democrats £5,000 Time Party £11,172 Total £49,690 Table 8: Loans repaid in full or converted to donations reported in quarter two 2018 Changes to terms and conditions of borrowings (such as changes to interest rate and repayment or review date) must also be reported to us. These details are available to view at: http://search.electoralcommission.org.uk/ Party Loans converted to Loans repaid in full donations (including partial conversion) Conservative and Unionist Party £2,000 Green Party £2,780 UK Independence Party £75,000 Total £79,780 .
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