1 Day
Source:
The Guardian
UK politics see rising billionaire donations
British politics has seen a rise in mega-donations from wealthy individuals since 2019, totaling £179 million, with a significant increase compared to previous years. Donations exceeding £1 million now make up a large share of party funding, raising concerns about the influence of wealthy donors. Some Labour MPs are advocating for a cap of £100,000 or £500,000 annually to limit the impact of such donations. The government has pledged to address the issue amid calls from civil society groups for urgent reform.
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