UK Conservative Party raises up to $12m in fresh fundraising

LONDON: The UK’s Conservative Party is set to claim up to £15 million ($12.3 million) in fresh funds following a series of donations, including a contribution of up to £4 million from Egyptian billionaire Mohamed Mansour, the Sunday Times reported. The fundraising effort will likely see the UK’s ruling party overtake the main opposition Labour Party in donations received ahead of the next general election, said Conservative chair Nadhim Zahawi. Mansour’s donation could be one of the largest in UK political history, sources said.