Government imposes £100,000 annual cap on overseas donations to limit billionaire funding

Communities Secretary Steve Reed is capping donations from British citizens abroad at £100,000 yearly, extending to new residents in their first year. The move responds to Christopher Harborne's £12m gift to Reform UK in 2025. The government is tightening the rules through amendments to the Representation of the People Bill, returning to Commons on 14 July, alongside a cryptocurrency donation ban.