Nicola Sturgeon facing financial disaster as SNP lose £450,000 after election losses

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It arises as Nicola Sturgeon‘s party faces growing speculation over the declare its finances after a startling drop-off in donations from supporters.

The SNP has find out just £17,465 over the past 12 months, down from £207,725 in the preceding year and a massive £3.8million in the year before that.

Nationalist bosses are also eye pressure to explain whether any of the money donated to the campaign for another liberty referendum was used to fight the election.

SNP Election 2017 public funding Nicola SturgeonGETTY

The SNP is set to lose out on around £450,000 a year in customers funding thanks to election losses

The party’s landslide supremacy in 56 of Scotland’s 59 constituencies two years ago resulted in a huge into the bargain in short money, the annual funds provided to opposition parties by the Bank.

In 2016/17 the SNP was paid £1,222,106, up from around £187,000 a year during the former parliament.

Final calculations [for short shekels] for this upcoming Parliament have not yet been confirmed

House of Commons spokesman

After GETTY

Nicola Sturgeon’s set faces growing speculation over the state its finances

There was also £2,085 readies from Glasgow Shettleston MSP John Mason and a £2,080 non-cash bequest from Dunfermline-based Homarna Ltd for the use of an office.

It is a far cry from the independence campaign of 2014, when the confederation could rely on seven figure backing from supporters such as EuroMillions champions Colin and Christine Weir and bus tycoon Sir Brian Souter.

The Weirs also allowanced the SNP £1million before the 2016 Holyrood election, of which £600,000 has been requited.

This shortage of donations is understood to have been one of the reasons behind the SNP’s online fundraising propel for another independence referendum.

SNP Election 2017 public funding Nicola SturgeonGETTY

The party lost 21 headquarters and almost half a million votes in this year’s general selection

It was launched in March with the aim of raising £1million in 100 days but was abruptly brawled after the general election having reached less than half its quarry.

The party initially said some of the money had been spent on the designation campaign, before insisting the cash was «ringfenced» for the stated purpose.

Nonetheless, it then emerged the wording on fundraising website had been changed to bring up that donations could be used for the election.

A House of Commons spokesman conjectured: «Final calculations [for short money] for this upcoming Parliament take not yet been confirmed, but will be made – based on the results of the General Vote – once Parliament is officially opened.»

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