Labour topped political party funding in 2013

Guy Bentley
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Ed Miliband's party had an income of £33.3m in 2013 (Source: Getty)

The Labour party bested its rivals in the party fundraising game for 2013, according to figures released by the Electoral Commission.

Ed Miliband's party netted £33.3m, while the Conservatives coming in second, raising £25.4m. The Lib Dems came a distant third with £7.3m.

Labour's funding included £6.9m of Short Money, which is intended to assist opposition parties with the cost of research support for front-bench spokesman, assistance in the whips' offices and staff for the leader of the opposition.

The Scottish National Party suffered a slight decline, from £2.3m to £2m. However, the story was completely different for eurosceptic UKIP, which doubled the amount of money it raised from 2012 reaching £2.5m for 2013.

The Electoral Commission reported that the Green Party had raised an income of £881,819 while the British National Party managed to land £605,208.

In total, 14 UK political parties reported having gross income or total expenditure in 2013 of over £250,000. Altogether the parties reported £76,506,409 income and £68,800,157 expenditure.