Reform would have kept just a fraction of £26.7m donations haul under a £100,000 cap, analysis shows
Summary
An analysis shows that if a £100,000 limit on political donations had been in place last year, Reform UK would have kept only 15% of its donations, reducing its haul from £26.7 million to £4.1 million. Other main parties like Labour, the Conservatives, and the Liberal Democrats would have kept a larger share of their funding under the cap.Key Facts
- Reform UK received £26.7 million in donations from April 2025 to March 2026.
- A proposed £100,000 cap would limit annual donations from single donors.
- Under this cap, Reform UK would have kept only £4.1 million, or 15% of its total.
- Labour would have retained about 75% of its donations; Conservatives just over 50%, and Liberal Democrats about 90%.
- Reform’s average donation was about £137,000, much higher than other parties.
- Two billionaires accounted for 71% of Reform UK’s donations during this period.
- Labour’s donations largely come from trade union affiliation payments, which might be exempt from the cap.
- The cap proposal is part of an ongoing debate to limit wealthy individuals’ influence in British politics.
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