Well, well, I mean, this desperate Labor government will stop at nothing, Madam Mr Deputy Speaker, to stop the rise of Reform UK, from trying to cancel elections, from donations, from changing voting systems in Manchester. A heated confrontation erupts in the House of Commons as Richard Ty challenges Labour over controversial changes to Britain's political donation rules. The government is introducing a 100,000 annual cap on donations from overseas voters, new residency requirements, and restrictions on cryptocurrency donations.
Labour says these measures are designed to protect British democracy from foreign financial influence. But Reform UK's Richard Ty raises a different question. Are these rules being applied fairly to every political party?
He challenges the government over Labour's own donors and raises allegations involving millions of pounds in political contributions and government contracts. Watch until the end to hear how the minister responds. Like, share, and subscribe for more coverage of Westminster and British politics.
Statement, Minister of States Dixon. Thank you, Mr Speaker. As the House was previously told, we will introduce an annual £100,000 cap on donations and regulated transactions from overseas electors.
A cap recognizes legitimate participation while ending the risk of unlimited overseas money entering our politics. Recognizing that risk continues when British citizens return to the UK, I'm now announcing we will also introduce a minimum residency period where an overseas elector returning to the UK must be here for a full calendar year before that cap is lifted. We announced we will introduce a moratorum on all political donations of any amount made via cryptocurrency.
Until the regulatory environment is robust enough, donations in cryptocurrency should not be a route for money to be channeled into British policy. Thank you, Madam Deputy Speaker. Well, well, I mean, this desperate Labor government will stop at nothing, Madam Deputy Speaker, to stop the rise of Reform UK, from trying to cancel elections, from donations, from changing voting systems in Manchester.
If this government is truly concerned about undue influence, has she discussed these proposals with the Cayman Island hedge fund called called Quadriure that was the largest donator 4 million quid in 2024 to the Labor government or the eight companies that have donated half a million pounds and sure enough they've had almost £150 million of government contracts since any political party that abides by the rules that we're introducing will be able to flourish in our political system. If they don't, if they don't, Madame Deputy Speaker, they can be expected to be held very firmly to account. John Woodcock Yes.
