Campaigns for Britain to leave EU get biggest donations: watchdog
[LONDON] Campaigns for Britain to leave the European Union in a referendum next month received 8.2 million pounds (S$16.14 million) in donations, more than the funding received by the "In" campaign over 81 days.
The Electoral Commission said in a statement that a group called Leave.EU, which is not the official lead campaign for Britain to exit the EU, received the biggest donation of 3.2 million pounds, from a founder of investment firm Hargreaves Lansdown, Peter Hargreaves.
The official "In" campaign received two donations from businessman David Sainsbury amounting to more than 2 million pounds.
The election watchdog was recording donations from Feb 1 until April 21.
REUTERS
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Australia’s March employment unexpectedly falls 6,600, jobless rate ticks up to 3.8%
China education firms learn tough lessons overseas
A deep dive into China’s expectations-beating GDP growth
Rich China tourists drive luxury demand in Japan on weak yen
Philippine central bank’s deputy governor sees upside risks to inflation
IMF says US, China debt pose risks for global public finances