The House of Lords is set to discuss proposed changes to political donation laws after Reform UK received £72 million from two British billionaires in a single day. The government aims to introduce a £100,000 cap on donations from British expats, a move prompted by concerns over foreign influence in UK politics.
Calls for restrictions are intensifying, with Labour peers suggesting amendments to extend donation caps to those living in the UK. The government has also proposed a minimum residency period for the cap to apply, raising questions about the future of Reform UK's substantial donations.
As the House of Lords debates donation caps, watch for potential amendments from Labour that could reshape funding dynamics. The outcome may influence Reform UK's ability to retain its £72m windfall and set precedents for future political financing in the UK.