In its manifesto, Labour promised to tighten the rules around political donations amidst growing concerns over foreign cash influencing UK politics, particularly with speculative donations from high-profile figures.
The Political Parties, Elections and Referendums Act 2000 requires all political donations over £500 to come from permissible sources, such as UK registered voters or entities, ensuring accountability.
Labour has criticized recent reforms allowing overseas voters with longstanding ties to the UK to influence political donations, citing concerns over the integrity and influences in the UK's democratic process.
With the recent discussions about Elon Musk's possible donation to Reform UK, calls for stricter political donation rules have intensified, highlighting ongoing vulnerabilities in the system.
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