Reform's £72m donations 'entirely in line with law', Jenrick says
Summary
Reform UK says donations totaling £72 million from two British cryptocurrency billionaires follow current UK laws. The government plans to change donation rules for British people living abroad, including limits on how much they can give to political parties after returning to the UK.Key Facts
- Reform UK received £72 million from Ben Delo and Christopher Harborne, both British cryptocurrency billionaires.
- Robert Jenrick, Reform UK's economic spokesman, said the donations comply with current and expected future laws.
- The UK government wants to cap donations from British expats at £100,000, applied retroactively from 25 March.
- One donor, Ben Delo, returned to the UK to follow the new donation laws.
- The donations from Delo and Harborne tied the record for the largest ever given to a UK political party.
- The planned law changes are part of the Representation of the People Bill, currently under review in the House of Lords.
- Angela Rayner confirmed the changes respond to a government review by Philip Rycroft and that the government is consulting the Electoral Commission.
- The new rules would limit donations by those returning to the UK to £100,000 within their first year back.
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