Joe Biden raises record-breaking £273m in August

Democratic presidential candidate Joe Biden (Carolyn Kaster/AP)

Joe Biden raised 364 million US dollars (£273 million) for his election effort in August, a record-shattering sum that will give the Democrat ample resources to compete in the final two months of the presidential campaign.

Mr Biden struggled to raise money during the Democratic primary, but ever since he became the apparent nominee last spring, money has poured into his campaign.