Reform UK’s crypto-billionaire donors could face enhanced residency checks
In this news:
Ministers are considering tightening residency requirements for political donors after Reform UK received £72 million in donations over the weekend.
Proposed legislation includes a £100,000 cap on donations from British expats, which could be backdated to March and affect two twin £36 million gifts to Reform UK.
The government is planning an enhanced residency test requiring donors to prove an ongoing physical presence in the UK.
Reform UK leader Nigel Farage defended the legality of the donations, criticised retrospective law changes, and warned he would ban trade union funding for Labour if elected.
Ministers are also considering wider measures and a dedicated taskforce to tackle the influence of mega-donors across British politics.
Share the article:
Latest Crypto News
Top Trending Cryptocurrencies on The Market
Current Price
$0.2039
Market Cap
$7.7B 1.13%
24h Volume
$283.4M
Supplies
45.0B / 45.0B
Current Price
$4.422
Market Cap
$5.8B 0.08%
24h Volume
$1.2B
Supplies
1.3B / ∞
Current Price
$281.03
Market Cap
$5.7B 1.81%
24h Volume
$129.2M
Supplies
20.1M / 21.0M
Current Price
$0.007214
Market Cap
$5.1B -14.17%
24h Volume
$12.4M
Supplies
1.1T / 1.2T
Current Price
$0.9907
Market Cap
$5.0B 0.25%
24h Volume
$288.4K
Supplies
10.0B / 10.0B
Current Price
$0.9987
Market Cap
$4.7B -0.07%
24h Volume
$39.7M
Supplies
4.7B / ∞
Current Price
$1.000
Market Cap
$4.5B 0.00%
24h Volume
$231.1M
Supplies
4.5B / ∞
Current Price
$7.011
Market Cap
$4.4B 2.83%
24h Volume
$427.7M
Supplies
887.0M / 1.0B
Current Price
$56.318
Market Cap
$4.4B 0.20%
24h Volume
$214.7M
Supplies
77.7M / 84.0M
Current Price
$0.9987
Market Cap
$4.1B -0.03%
24h Volume
$886.9M
Supplies
4.1B / ∞
Current Price
$8.784
Market Cap
$3.9B 0.02%
24h Volume
$353.2M
Supplies
470.2M / 720.0M
Current Price
$0.09722
Market Cap
$3.9B -3.12%
24h Volume
$19.7M
Supplies
39.9B / ∞