Donations to the Conservatives slumped by 40% over three months, according to figures from the Electoral Commission, which show the party being overtaken by Labour for the first time in more than a year.
The Conservatives collected just under £3m from July to September, a period that included the end of the Boris Johnson premiership and the subsequent leadership election. That compared with £5.4m in the previous quarter and is the lowest figure since mid-2020.