Politics

Lib Dems tap City in push for record donations

Anti-Brexit party says an outreach effort to business and the City has helped raise millions

Jo Swinson
Jo Swinson Photo: Getty Images

The Liberal Democrats are on track to raise their largest-ever amount of political donations, with City grandees including Sir Mike Rake, the former deputy chair of Barclays, throwing their weight behind the anti-Brexit party.

According to figures given exclusively to Financial News, the Lib Dems have raised £5m in just two months ahead of a possible snap election, and as fears mount of the UK leaving the European Union without an exit deal.

WSJ Logo
Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a BillionaireExternal link

Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a Billionaire