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Richard Tice accuses Labour of ‘trying to change rules retrospectively’ after Reform receive £72m in donations – UK politics live

Richard Tice accuses Labour of ‘trying to change rules retrospectively’ after Reform receive £72m in donations – UK politics live

Summary

Reform UK, a British political party, has received £72 million in donations from two cryptocurrency billionaires. The government is debating new laws to limit large political donations, which could affect whether these donations must be returned.

Key Facts

  • Reform UK received £72 million from two crypto billionaires, Ben Delo and Christopher Harborne.
  • The UK government has set a £100,000 yearly donation limit for Britons living abroad.
  • New laws propose that donors who recently returned to the UK must live there for at least one year before giving donations above the cap.
  • These laws would apply retrospectively, meaning they could affect donations made before the laws officially pass.
  • Reform UK says the donations follow current laws and expect to keep the money.
  • Ministers suggest the party may need to return some donations if laws apply retroactively.
  • The law changes are part of the Representation of the People Bill currently debated in the House of Lords.
  • Richard Tice, Reform UK's deputy leader, criticized the government’s approach but has not confirmed if the donors meet the one-year residence rule.
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