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Sir Keir Starmer on course for a £35MILLION war chest for the election as former Just Stop Oil backer Dale Vince donates £5million to Labour


Labour believes it will secure a massive £35million campaign war chest this year, with much of the funds coming from just three ‘mega donors’.

The looming general election will be the most expensive ever after the Government increased the amount each political party can raise.

Labour leader Sir Keir Starmer is already on course to rake in more before polling day is announced than the £12million his predecessor Jeremy Corbyn raised in 2019.

Party sources claim that Labour will reach the new £35million limit, and the lion’s share of the funding will come from just three wealthy businessmen.

Labour leader Sir Keir Starmer (pictured) is already on course to rake in more before polling day is announced than the £12million his predecessor Jeremy Corbyn raised in 2019

Labour leader Sir Keir Starmer (pictured) is already on course to rake in more before polling day is announced than the £12million his predecessor Jeremy Corbyn raised in 2019

‘We will be able to spend up to the limit. No question about it,’ one ally of Sir Keir told the Financial Times.

Dale Vince, founder of green energy firm Ecotricity and a former backer of Just Stop Oil, has given £1.5million to Labour in the past decade and is expected to donate up to £5million this year.

He said the general election is ‘the most important of our lifetimes’ and wants to bring in ‘the greenest government we have ever had’.

Gary Lubner, who made his fortune with the company behind Autoglass, is also expected to give £5million by polling day.

He said he is ‘disenchanted’ with the Tories and believes Brexit is the ‘biggest own goal ever’.

Dale Vince (pictured), founder of green energy firm Ecotricity and a former backer of Just Stop Oil , has given £1.5million to Labour in the past decade and is expected to donate up to £5million this year

Dale Vince (pictured), founder of green energy firm Ecotricity and a former backer of Just Stop Oil , has given £1.5million to Labour in the past decade and is expected to donate up to £5million this year

The third mega donor is Lord Sainsbury of Turville, who gave millions to Labour under the Blair and Brown years and has restarted funding since Sir Keir took over in 2020.

He has already given Labour £5million since late 2022, according to the Electoral Commission.

Labour peer Lord Alli is in charge of bringing in new potential donors, as well as vetting them.

One insider said: ‘He’s massively strict on who we do and don’t take donations from.

‘We have the luxury of not having to take donations from everyone. If they become high maintenance, we don’t take their money.’



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