Labour Dropped Foreign Donations Ban After Lord Alli's Intervention, Book Claims

The decision reportedly halted Angela Rayner's planned policy announcement aimed at curbing foreign money in UK politics.

Lord Waheed Alli, Labour's election fundraising chief and a close ally of Keir Starmer, is said to have intervened to stop a proposed ban on foreign political donations in 2023.
The policy, which had been signed off by senior Labour figures, would have required donors to be registered UK voters and companies to be British-owned.
Angela Rayner and Gordon Brown were scheduled to announce the policy in December 2023, but the event was canceled shortly before it was due to take place.
Labour received £4 million from Quadrature Capital, a hedge fund with ties to the Cayman Islands, during the general election campaign, raising questions about foreign-linked donations.
The Labour manifesto broadly pledged to tighten rules on political donations and protect democracy, but it did not include a specific commitment to banning foreign donations.