Katy Balls Katy Balls

Jeremy Corbyn races ahead of Owen Smith in campaign funding

Although Jeremy Corbyn’s campaign team recently asked subscribers to donate £10 to help fund the management of ‘selfie queues’ at rallies, it seems the Labour leader isn’t struggling too much when it comes to finding the coffers to keep his leadership fight on the road.

The latest Register of Interests shows that since July Corbyn has raked in nearly £190,000 worth of funding towards his campaign. The hefty sum includes an ‘interest free, unsecured loan of £50,000’ from Momentum as well as two more ‘interest free, unsecured’ loans from Len McCluskey’s Unite the union, totalling £75,000. All three loans are ‘for an indefinite period’. Unite have also provided ‘serviced offices’ for Corbyn’s campaign, valued at £6,000.

In terms of donations, while the Fire Brigades Union has donated £15,000, its General Secretary Matthew Wrack has personally donated another £7,000.

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