Political parties accepted a record amount in donations and loans last year, according to figures released by the Electoral Commission today.
This is almost £40 million more than in 2017, the year with the previous largest value of donations.
It was also a record fourth quarter last year, the period which covered the December general election, with 14 political parties reporting £70,113,414 in donations and public funds.
The Tories accepted more than £37 million in that quarter, while the Liberal Democrats received £13 million and Labour around £10 million.
Louise Edwards, the EC’s director of regulation, said: “The value of donations accepted in the last quarter exceeded the previous high by almost £28 million.”
The independent body oversees elections and regulates political finance in the UK.