Obama leads in campaign funding

Democrat Barack Obama eclipses Hillary Clinton in the battle to raise funds for the US presidential elections.

The Illinois senator raised $32.5m (£16.2m) for his presidential campaign in the period from April to June, a record for a Democratic candidate.

Mr Obama has now raised a total of $55.7m in funding.

But Ms Clinton, who is estimated to have raised around $27m in the same quarter, still leads in opinion polls.

Former Senator John Edwards, is expected to announce a second quarter figure of just over $9m.

Mr Obama said he received at least 154,000 contributions in the last accounting period, bringing the total number of donors to 258,000 in the first half of the year.

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