Vijay Rangarajan emphasized that foreign financial influence could undermine public trust in UK politics. He stressed the need for stricter rules linking donations to UK-based profits of foreign companies.
The current party funding laws require all political donations over 500 to come from registered UK donors. This needs review due to potential significant foreign interference.
Concerns within the Labour government highlight a need for legislative change to manage foreign donations more effectively, especially in light of large contributions from individuals like Musk.
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