The UK government will cap political donations from British citizens living abroad at £100,000 annually and temporarily ban cryptocurrency donations, measures taking effect Wednesday that are expected to significantly limit funding to Nigel Farage's Reform UK party. The legislation, recommended by former civil servant Philip Rycroft to prevent foreign interference in British elections, will be applied retrospectively pending parliamentary approval.
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The UK government will cap political donations from British citizens living abroad at £100,000 annually and temporarily ban cryptocurrency donations, measures taking effect Wednesday that are expected to significantly limit funding to Nigel Farage's Reform UK party. The legislation, recommended by former civil servant Philip Rycroft to prevent foreign interference in British elections, will be applied retrospectively pending parliamentary approval.