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Simon Danczuk MP, responding to the Electoral Commission’s figures that show that there has been nearly a 45 per cent drop in income of the Tory Party, said:

"It seems even the prospect of kitchen suppers with David Cameron in the Downing Street flat can't stop the slump in Tory donations. With donors now losing faith with David Cameron in the wake of the cash for access scandal and George Osborne's disastrous Budget, the news that donations have already halved since the general election will be causing panic in Tory HQ.

"The Tories may try to win back their rich supporters by offering tax cuts for millionaires while millions pay more, but with a double dip recession made in Downing Street it's clear that even their fat cat donors are feeling let down by a Tory Party that promised change, but has failed to deliver."

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