UK Proposes £100,000 Cap on First-Year Resident Election Donations After Crypto Ban

The UK government unveiled proposed election funding rules that would cap political donations from people in their first year of UK residency at £100,000. According to NS3.AI, the measures build on a March ban on cryptocurrency donations and introduce stricter tests for company donors. The report noted that Reform UK has received £12 million from Christopher Harborne and about £4 million from Ben Delo.