Tories reel in twice as much as Reform in donations despite worsening polls
Kemi Badenoch admits it will take time to rebuild support for Conservatives
The Conservatives received £3.36m in donations in the first three months of this year, twice as much as Reform UK's £1.5m, despite trailing in the polls.
The Tories criticised Reform UK for failing to secure claimed donations, pointing out that 42 per cent of Reform's donations came from deputy leader Richard Tice's company.
Almost a third of the Conservative's money came from a single donor, Jez San, a computer game entrepreneur and former Labour supporter, who donated £1m.
David Ross, founder of Carphone Warehouse, resumed donations to the Conservative Party with £40,000 and will become the party's senior treasurer later in the year.
Lord Dominic Johnson, co-chairman of the Conservative Party, said the party's finances are in great shape and that donors are backing leader Kemi Badenoch's mission of Conservative renewal.