Data released by the Electoral Commission data shows a dramatic slump in Tory donations and virtually a 50 per cent hole in the Tory Piggy bank: the Party received £23.7m in 2011 compared to £43.1m in 2010. .
The 2010 figure represents election war chest donations but the 2011 £23.7m figure is, proportionately, a bigger slump than Labour's 2011 income flow (down from£36.3m in 2010 to £31.3m in 2011).
The Lib Dems income has dropped by 35.4%, from £9.6m to £6.2m. UKIP saw 2011 income drop from £1.34m to £1.06m.
North of the border, income for the Scottish National Party raced ahead from £1.8m in 2010 to more than £5m in 2011, mainly by two £1m donations. Plaid Cymru saw revenues drop from £667,114 in 2010 to £624,987 in 2011.
"It seems even the prospect of kitchen suppers with David Cameron in the Downing Street flat can't stop the slump in Tory donations," said Labour MP Simon Danczuk.
"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."
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