Reform UK’s £72m donations may be caught by new bill, Rayner suggests
Summary
Reform UK received £72 million in donations from two crypto billionaires, which may be limited by a new UK law on political donations. The law, currently moving through Parliament, aims to cap donations from foreign or recently returned British citizens and will apply to donations made since March.Key Facts
- Reform UK got £72 million from two crypto billionaires, Christopher Harborne and Ben Delo.
- The UK government is introducing a bill to limit donations from foreign donors and people who recently returned to the UK.
- The bill will cap such donations at £100,000 per year and apply back to March.
- Both donors have connections abroad; Harborne is a UK and Thai citizen, Delo recently moved back from Hong Kong.
- The legislation follows a review recommending stricter overseas donation rules to protect UK democracy.
- Labour MPs wanted a stricter cap on all domestic donations, but the government chose to review the idea instead.
- Reform UK says the donations comply with current UK law and Electoral Commission rules.
- The communities secretary Angela Rayner stressed that the bill is not aimed at specific donors but at safeguarding democracy.
Read the Full Article
This is a fact-based summary from The Actual News. Click below to read the complete story directly from the original source.
