Rayner warns Reform UK's £72m donations may be affected

Reform UK's £72 million in donations from two crypto billionaires may be affected by a new bill that applies retrospectively, according to a government minister. The legislation, currently progressing through Parliament, aims to cap domestic and foreign donations, including those from recent returnees to the UK, with rules backdated to earlier this year. Reform UK maintains the donations comply with existing laws, and officials emphasize that the bill's primary focus is to protect against foreign interference in elections.

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