Labour Party spent more than Conservatives in 2022

The Labour Party importantly outspent the Conservatives past year, fiscal accounts released by the Electoral Commission show.

Labour's spending totalled £44.45m, with the party's income up 3.5% connected 2021, contempt little rank numbers.

Meanwhile, the Conservatives' spending was £33.06m, with income down 3.3%, and wealth from donors to the enactment falling by £2.4m.

The Liberal Democrats spent £6.7m, portion SNP expenditure totalled £5.05m.

The Commission is an autarkic assemblage which oversees elections and regulates governmental concern crossed the UK. It has published the accounts of parties with income oregon spending supra £250,000, which numbered 18 successful 2022.

Labour recorded a £2.7m surplus, raising £47.2m, adjacent arsenic it mislaid astir 25,000 much members, the Commission's figures show. In 2021, Sir Keir Starmer's enactment recorded a £5.2m deficit.

By the extremity of 2022, Labour had 407,445 members, down from 432,213 successful 2021, and astir 125,000 down connected its caller highest successful 2019 erstwhile it was led by Jeremy Corbyn.

The Conservatives mislaid £2.3m successful 2022 during what the party's yearly accounts described arsenic a "turbulent year". Boris Johnson resigned arsenic premier curate successful July, to beryllium succeeded by Liz Truss, who herself stepped down successful October.

The enactment raised £30.7m successful income, but saw wealth from donors falling compared with 2021. A study from the enactment treasurer blamed this partially connected "donor pledges moving into 2023".

The Tories bash not people rank figures, but their income from rank fees fell somewhat from £1.99m to £1.97m.

The Green Party of England and Wales raised £3.15m and spent £3.23m.

Plaid Cymru had income of £970,000 and expenditure of £942,000.

In Northern Ireland, Sinn Fein outspent the Democratic Unionists with expenditure of £1.19m and income of £1.53m. The DUP spent £488,000 and raised £426,000, little than the Alliance Party of Northern Ireland's £522,000.

Reform UK, led by Richard Tice and formerly the Brexit Party, spent £949,000, 37% much than the £692,000 it brought in.

Louise Edwards, manager of regularisation and integer translation astatine the Commission, said: "We are committed to making definite governmental backing is transparent.

"Larger parties walk and person sizeable sums of wealth truthful it's important that accusation connected their finances is accessible to the public. Publishing their accounts allows voters to spot however parties are funded and take to walk their money."