Sinn Fein outspends political rivals while UUP makes £94k loss

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Sinn Fein has both the highest income and the highest expenditure of Northern Ireland’s political parties, the Electoral Commission has revealed.

The new figures show the republican party received more than £1.16million while spending around £1.12million during 2013 - well in excess of the £474,000 received and £408,000 spent by the DUP.

Third highest turnover was that of the SDLP which received £360,483 but made a loss having paid out £370,917.

The only other Northern Ireland party either spending or receiving more than £250,000 over the 12-month period was the UUP. According to the independent party finance watchdog, the Ulster Unionists also made a loss, receiving £318,315 compared to expenditure of £412,555.

Political parties reaching the £250,000 threshold were required to deliver a 2013 annual statement - audited by a qualified auditor - to the commission by July 7, 2014, and a copy of the auditor’s report must be submitted with the accounts.