Ban corporate donations to UK political parties to protect elections, says thinktank

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A UK thinktank, CenTax, is advocating for a ban on corporate donations to political parties to safeguard elections from foreign interference. This recommendation comes in response to the government's proposed "representation of the people bill," intended to close loopholes allowing ineligible individuals to donate through UK-registered companies. CenTax argues the bill's measures are insufficient and easily circumvented, citing a report showing that between 2001 and 2024, over 4,000 companies donated £293 million, with a significant portion originating from entities controlled by individuals ineligible to donate directly. The thinktank highlights issues with data reliability at Companies House, which the new legislation relies upon. As an alternative to a complete ban, CenTax proposes mandatory registration with the Electoral Commission for all but the smallest donors and full disclosure of company ownership.
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