Angela Rayner plans to bring in a new law on party funding before the next general election The issue of foreign interference through donations came to the fore amid reports Elon Musk had been considering giving Reform $100 million before he fell out with Nigel Farage.
Angela Rayner has told MPs that she plans to bring in a new law governing party donations and election rules before the next general election expected in 2029.
The issue was raised in the wake of concerns over foreign interference after it was mooted that X social media platform owner Elon Musk might give Reform UK $100 million.
While Reform leader Nigel Farage and Mr Musk have had a spectacular falling out this week over far right activist Tommy Robinson, the concerns over money pouring from America to aid Farage still remains.
Currently the law would allow for a foreign national to give huge sums of money to a party which could alter the course of an election and political landscape in the UK.