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Peers to debate donations law changes after Reform's £72m windfall

Peers to debate donations law changes after Reform's £72m windfall

Summary

The UK government is debating new rules to limit donations to political parties from British citizens living abroad after Reform UK received £72 million in donations in a short time. The proposed law would put a £100,000 cap on donations from British expats and apply the limit to recent returns to the UK, with the aim of reducing the influence of large donors.

Key Facts

  • Reform UK got £72 million from two billionaires, Ben Delo and Christopher Harborne, within 24 hours.
  • The UK government wants to cap political donations from British citizens living abroad at £100,000, applied retroactively from March 25.
  • The House of Lords is debating this bill to change donation laws.
  • The cap would also apply for one year after British expats return to live in the UK.
  • Some politicians and trade unions, like Unite, support limits on large donations.
  • Reform UK and Nigel Farage’s party criticize these changes as unfair.
  • Officials say the large donations received comply with current laws.
  • The law change aims to reduce the impact of “mega-donors” on UK politics.
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