Why ministers are resisting calls to block Elon Musk from donating to Nigel Farage's Reform UK party
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Government ministers are resisting calls to block Elon Musk from donating to Nigel Farges's Reform Party. Pressure is building for the government to introduce measures limiting the amount a foreign national can donate to political parties through UK companies.
The calls come after Musk met with Nigel Farage at Donald Trump's Mar-a-Lago resort in Florida, last week. It has been reported that the world's richest man is considering putting his financial muscle behind Farage and his fledgling party. Musk could donate as much as $100million (£80million) to help build up Reform into a political machine capable of overthrowing Labour at a general election.
Farage confirmed that 'the issue of money was discussed' and said there would be 'ongoing negotiations on that score'. However, anxiety at Westminster has intensified, and there are worries that an attempt to push through rules targeting Musk may give Farage the ammunition to attack those in power and claim they are sabotaging him.
As a foreign citizen, Musk cannot donate directly to a political party in Britain. But a loophole in election laws means he could give an unlimited sum via one of his companies based in the UK. It has been reported that the world's richest man, Elon Musk, is considering putting his financial muscle behind Farage.
Nigel Farage and Party treasurer Nick Candy during their meeting on Monday with with Elon Musk at Mar-A-Lago, the Florida home of US President Elect Donald Trump. As a foreign citizen, Musk cannot donate directly to a political party in the UK. However, a loophole in Britain’s election laws means he could give an unlimited sum via one of his companies based in the UK.