Reform UK would have retained only 15% of its donations from the past year if a proposed £100,000 cap on political donations had been implemented, according to analysis shared with the Guardian. This analysis, conducted by Friends of the Earth using Electoral Commission data, highlights the party's dependence on a small group of wealthy backers.
Impact of the Donation Cap on Reform UK
The findings indicate that Reform UK would have raised just £4.1 million between April 2025 and March 2026, compared to the £26.7 million it actually received. This stark reduction underscores the party's financial vulnerability in a changing political landscape.
Registered average donations to Reform UK last year were £137,496, significantly higher than the Labour Party's £23,406, the Conservatives' £23,173, and the Liberal Democrats' £4,496. This data suggests that Reform UK heavily relies on a few affluent donors to sustain its funding.
Comparison of Funding Among Political Parties
Under the proposed cap, Labour would retain approximately 75% of its donations, raising £8.1 million instead of £10.8 million. The Conservatives would keep just over half of their donations, totaling £8.3 million compared to £15.5 million. In contrast, the Liberal Democrats would maintain about 90% of their funding, collecting £5.2 million instead of £5.8 million.
- Reform UK: £4.1 million (15% retained)
- Labour: £8.1 million (75% retained)
- Conservatives: £8.3 million (over 50% retained)
- Liberal Democrats: £5.2 million (90% retained)
- Greens: £468,000 (unaffected)
Political Debate and Future Implications
The proposed £100,000 cap is expected to be a focal point during the report stage of the Representation of the People Bill. Labour MP Stella Creasy is anticipated to introduce an amendment to enforce this cap, reflecting ongoing discussions about the influence of wealthy donors in British politics.
Asad Rehman, chief executive of Friends of the Earth, stated, “Democracy shouldn’t be for sale. When political parties rely on money from fossil fuel interests and other major polluters, it undermines trust that decisions are being made in the public interest.” The debate continues as the government seeks to address foreign interference in democracy through legislative measures.
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