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Reform given huge donations by crypto currency billionaires

(146 Posts)
Fallingstar Sun 13-Sept-26 10:17:27

Am sure most of you will have heard of Reform’s windfall.
Personally I am disturbed by this, not because of such large donations, but because of the monetarising of politics, as in the US, with both billionaires who donated so generously perhaps believing they now have the right to influence Farage et al with regard to policy.
Also Delo, one of the billionaires was charged with money laundering in the US only to be pardoned by Trump. To me that doesn’t sit well. Certainly crypto currencies are used for money laundering and for nefarious reasons by the likes of Putin and the Iranian Regime.
Not sure what other Grans make of this.

Primrose53 Mon 14-Sept-26 15:19:56

Nagmad2016

Since Starmer's days Labour think they can just change any law that doesn't suit their requirements. He is probably behind all this. It is ludicrous to think that they can pass a retrospective law just to get their own way. Labour and the other parties are hardly whiter than white.

Just on my way out but I quickly scanned through a report about Keir Starmer now handing out peerages to his mates despite saying he would never do this! He certainly speaks with a forked tongue.

sandelf Mon 14-Sept-26 15:30:06

Is it possible to become Bit rich entirely legally?

mokryna Mon 14-Sept-26 15:32:12

To prove I don’t live in the UK I must convince the UK tax office that I haven’t slept more than 96/120 nights a tax year. (Very inconvenient to see young DGS.) These donors should prove, the contrary, that they have slept in the UK 245 days as well as paid NonDom tax for the last 7 years, when overseas residents were allowed to vote again.

That being said, since, can I say WW11, the rich people weren’t crypto rich but owned newspapers to control campaigns from abroad.

Nagmad2016 Mon 14-Sept-26 15:32:16

It depends who you are.....

Graphite Mon 14-Sept-26 15:39:38

You are being ridiculous. The measures on political donations which Steve Reed introduced on 25 March 2026 were as a result of the independent Rycroft Review. Independent.

Philip Rycroft was a senior civil servant. Amongst other things he was appointed Permanent Secretary at the Department for Exiting the European Union in October 2017. As Permanent Secretary, he has responsibility for leading the department in all its work on the Government’s preparations for Brexit.

Before taking up this role, he was Second Permanent Secretary at DExEU.

Philip was appointed Second Permanent Secretary, Head of UK Governance Group in the Cabinet Office in June 2015, with responsibility for constitutional and devolution issues, and retains this role.

From 2012 to 2015 he was the Director General in the Deputy Prime Minister’s Office, supporting the Deputy Prime Minister across the full range of his policy interests.

That was under a Tory Lib-Dem coalition and then a Tory government.

He retired in 2019.

You can read his biography here:

www.gov.uk/government/people/philip-rycroft

One of the key principles contained in the Civil Service Code is impartiality.

Violetbynight Mon 14-Sept-26 15:47:46

I will be interested to see how the millions donated to Reform will be used. Its use should be fully transparent and politically and publicly acceptable, if not, questions should definitely be asked. Any resulting bias towards the interests of the donators should be investigated.

of the donators, should be investigated.

MayBee70 Mon 14-Sept-26 15:47:48

Primrose53

Nagmad2016

Since Starmer's days Labour think they can just change any law that doesn't suit their requirements. He is probably behind all this. It is ludicrous to think that they can pass a retrospective law just to get their own way. Labour and the other parties are hardly whiter than white.

Just on my way out but I quickly scanned through a report about Keir Starmer now handing out peerages to his mates despite saying he would never do this! He certainly speaks with a forked tongue.

To be honest, after the way the Labour Party have treated him I don’t blame him. Maybe he’s actually showing loyalty to those who got Labour back into power from being unelectable.

Cossy Mon 14-Sept-26 15:54:24

Nagmad2016

Since Starmer's days Labour think they can just change any law that doesn't suit their requirements. He is probably behind all this. It is ludicrous to think that they can pass a retrospective law just to get their own way. Labour and the other parties are hardly whiter than white.

Sorry to be so rude, but that’s a ludicrous statement, it also has no credence as there’s nothing you’ve stated to back it up.

Laws, legislation and rules are there to protect everyone.

Without the Labour Party we’d have no NHS and no Welfare, we’ve have zero employments rights.

MayBee70 Mon 14-Sept-26 15:57:29

Cossy

Nagmad2016

Since Starmer's days Labour think they can just change any law that doesn't suit their requirements. He is probably behind all this. It is ludicrous to think that they can pass a retrospective law just to get their own way. Labour and the other parties are hardly whiter than white.

Sorry to be so rude, but that’s a ludicrous statement, it also has no credence as there’s nothing you’ve stated to back it up.

Laws, legislation and rules are there to protect everyone.

Without the Labour Party we’d have no NHS and no Welfare, we’ve have zero employments rights.

And, with a Reform government we’ll lose all of that. We will be living in crypto currency heaven….

Cossy Mon 14-Sept-26 15:58:25

Graphite

You are being ridiculous. The measures on political donations which Steve Reed introduced on 25 March 2026 were as a result of the independent Rycroft Review. Independent.

Philip Rycroft was a senior civil servant. Amongst other things he was appointed Permanent Secretary at the Department for Exiting the European Union in October 2017. As Permanent Secretary, he has responsibility for leading the department in all its work on the Government’s preparations for Brexit.

Before taking up this role, he was Second Permanent Secretary at DExEU.

Philip was appointed Second Permanent Secretary, Head of UK Governance Group in the Cabinet Office in June 2015, with responsibility for constitutional and devolution issues, and retains this role.

From 2012 to 2015 he was the Director General in the Deputy Prime Minister’s Office, supporting the Deputy Prime Minister across the full range of his policy interests.

That was under a Tory Lib-Dem coalition and then a Tory government.

He retired in 2019.

You can read his biography here:

www.gov.uk/government/people/philip-rycroft

One of the key principles contained in the Civil Service Code is impartiality.

Honestly, you’re simply wasting your time arguing with some on here, who refute facts, even with evidence/proof, yet also won’t provide any evidence/proof for their own statements.

I’m all for democracy, and long may it last.

People can literally say, think and do what they please, within our own laws/legislation/rules.

However batshit crazy, long live democracy! flowers

LemonJam Mon 14-Sept-26 16:06:59

I agree Cossy and Maybee70.

Apart from the fact it is the Mycroft Independent Review that underpins Electoral donation rules currently under parliamentary discussion- isn't Reform UK planning to change laws that do not suit their policy proposals?

ECHR, Maritime law, Asylum/Refugee Human convention Law, The Windsor Agreement, The Brexit agreement etc etc all immediately come to mind!

Boz Mon 14-Sept-26 16:12:19

Methinks all that will save Labour (or indeed the Tories) will be the abolition of Inheritance Tax. A very huge vote gainer in age where ordinary families are being hit by this cruel tax.

Frogoet Mon 14-Sept-26 16:14:32

Exactly. Unions are people not one person. Without them there’d be little representation of anyone without land/power.

LemonJam Mon 14-Sept-26 16:16:30

Save Labour and/or the Tories from what?

Only 4.72 tests of all UK deaths according to GOV.UK had to pay inheritance tax in the tax year 2023- 2024. Inheritance tax thus is not payable by many ordinary families......

MT62 Mon 14-Sept-26 16:19:26

Violetbynight

I will be interested to see how the millions donated to Reform will be used. Its use should be fully transparent and politically and publicly acceptable, if not, questions should definitely be asked. Any resulting bias towards the interests of the donators should be investigated.

of the donators, should be investigated.

I agree. Not new suits, glasses, or anything of that nature.

LemonJam Mon 14-Sept-26 16:20:02

4.72% that is ( not tests). That's a small proportion of deaths that result in inheritance tax.

Graphite Mon 14-Sept-26 16:21:10

I don’t know whether it’s ignorance or vitriol that motivates some.

I’ve written about his before. Peerages are not just handed out to mates. That’s in the past. It’s what Johnson did. Nobody has ever discovered why he appointed Charlotte Owen.

Labour changed the procedure. Someone has to be nominated with a clear citation explaining how their knowledge, skills and experience would add to the House of Lords.

All party nominations are then considered by the House of Lords Appointment Committee (HOLAC). That’s an independent, advisory, non-departmental public body.

lordsappointments.independent.gov.uk/commissionerbiographies

HOLAC can also make cross bench appointments.

Two new peers took their seats today.

Lord Leveson - Investigatory Powers Commissioner. Cross bench appointment.

Lord McTague - Former National Chair of the Federation of Small Businesses. Labour appointment.

July List:

www.gov.uk/government/news/political-peerages-july-2026

People who have made a valuable contribution to public life.

Violetbynight Mon 14-Sept-26 17:54:41

I would like to know exactly what the Reform money is going to be used for and where it’s going to, or is that too much to hope for ?

Violetbynight Mon 14-Sept-26 17:58:10

Sorry, I didn’t know my first message had been posted.

LemonJam Mon 14-Sept-26 18:09:48

Labour-affiliated Trade Unions are working on a statement on political donations that is expected to be put before the TUC general council tomorrow. The head of Britain’s trade union movement, Paul Nowak, said the government must act to “stop the super-rich corrupting our politics.”

Union leaders met today to discuss possible support for a domestic cap on donations- general secretaries are likely to back a donations cap for individuals. Union leaders previously been split on the prospect of limiting domestic donations to political parties, with many including the GMB fearing it would lead a future rightwing government to curb union donations. But that view now appears to be shifting….

Graphite Mon 14-Sept-26 18:12:02

That would depend on whether Reform thinks there is going to be a General Election next year. Farage seems to think so.

Limits apply to party spending during the 365 days before polling day – known as the ‘regulated period’.

Each party can spend £54,010 for each constituency that they contest. A party that chooses to contest all 632 seats at the election (18 of the 650 are in NI) will therefore be able to spend just over £34 million. (In 2024 Reform contested 609 although many were paper candidates).

Why did Delo chose to donate £36 million? That sounds remarkably like the amount that can be spent on a GE with a bit over.

Spending restrictions apply retrospectively, even in the case of a snap general election. This means that the regulated period usually begins before the date of the next general election is known.

Estrellita Mon 14-Sept-26 18:19:54

Nor would I!

Barbadosbelle Mon 14-Sept-26 18:24:13

AGAA4

I wonder if you worry about how the Labour Party has been financed by the Unions for the past 126-years?

Hundreds of millions of £'s since the Unions created the Party in 1900.

Have you ever wondered why the Railway workers, and others, always manage to get their massive wage demands agreed?

The Labour Party will do anything to block Reform's donations - because the Unions are telling them to do so.
.

Casdon Mon 14-Sept-26 18:33:34

Barbadosbelle

AGAA4

I wonder if you worry about how the Labour Party has been financed by the Unions for the past 126-years?

Hundreds of millions of £'s since the Unions created the Party in 1900.

Have you ever wondered why the Railway workers, and others, always manage to get their massive wage demands agreed?

The Labour Party will do anything to block Reform's donations - because the Unions are telling them to do so.
.

Er, the Labour Party was formed by the Unions, so surely everybody knows they have historically financed the party? Union donations have diminished very considerably though, since they realised that the first duty of Labour in government is not to them.

Olivebranch Mon 14-Sept-26 18:36:31

If I thought it would get rid of the. Labour government, I’d be tempted to vote Reform. Honestly— retrospective law is such an authoritarian Angela Rayner sort of thing. Admittedly all governments are prone to it. This is going to run and run.