GMB warns Labour MPs that cap on political donations could endanger party funding
Summary
A major UK trade union, the GMB, has warned Labour MPs not to support a proposed limit on political donations, saying it could threaten union funding for the party. This debate is part of a wider effort to control the influence of large donations in UK politics, with votes on donation caps and bans on cryptocurrency gifts expected soon.Key Facts
- The GMB union sent a letter to over 80 Labour MPs asking them to oppose donation limits of £100,000 or £1 million.
- Trade unions already face strict rules on political spending and must allow members to opt out.
- Labour MPs are being urged by party whips to follow the GMB’s advice, leading some MPs to withdraw support for the cap.
- Other Labour-affiliated unions share concerns about the donation cap proposals.
- Transparency International found that big donations (over £1 million) have risen from 1% in 2015 to 35% in 2024.
- Controversy surrounds donations to Reform UK from crypto billionaire Christopher Harborne and convicted fraudster George Cottrell.
- Police and parliamentary authorities are investigating some large donations linked to Reform UK politicians.
- Labour politician Andy Burnham supports a donation cap around £500,000 but says it needs further review.
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