Unions move to back political cash reforms after Farage’s £72M haul
Trade unions have not yet reached agreement — but a joint statement could come as soon as Tuesday.
Brighton, England - Britain's trade unions are preparing to endorse political finance reforms after two crypto millionaires donated a record £72 million to Nigel Farage's Reform UK party. Previously, unions had been lobbying Labour to introduce an annual cap on individual U.K. donors, but in response to Reform's unprecedented donation, they may now shift their stance.
Reform's leader, Nigel Farage, faces investigations over his party's funding sources. Two senior union officials revealed that the Trades Union Congress is set to issue a joint statement with updated views on political financing by Tuesday. The unions are considering a cap for wealthy U.K.-based individuals and unions, but it would be applied differently.
Housing Secretary Angela Rayner emphasized defending democracy while protecting workers' rights to organize. Unions are also debating whether to review how political parties spend their money, mirroring a Labour government's review of spending limits.
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