Reform donations LIVE: Peers to debate donations laws after crypto billionaire gifts

Reform donations LIVE: Peers to debate donations laws after crypto billionaire gifts Reform was handed £36million each from crypto billionaires Ben Delo and Christopher Harborne in a move that has fired up growing pressure to curb political donations Peers will debate a crackdown on political donations today amid alarm over Reform’s £72million windfall from a pair of crypto billionaires. Nigel Farage's party was handed £36million each from crypto billionaires Ben Delo and Christopher Harborne in a move that has fired up growing pressure to curb political donations. Landmark legislation that could force Reform to hand back the cash will be debated by peers in the Lords today. Labour peer Lord Wills is expected to raise the issue of a cap on donations for all Brits. Under the current version of the Representation of the People Bill, Brits living overseas will face a £100,000 cap on donations. This will be backdated to March so could include Mr Delo or Mr Harborne, who have both lived abroad until recently. Richard Tice this morning moaned that he is not an "executive assistant" to Reform UK's mega donors after facing questions on the donations. He insisted the donations are within the rules but could not provide details on when the pair of cyrpto billionaires moved to the UK. Follow live updates below... Calls to slam the door on mega-donations have erupted after Reform trousered a record £72million from two crypto billionaires.Elections expert Robert Hayward said electoral law was struggling to keep up with donations of this scale and warned it could trigger an “arms race” among political parties. “If we don't do anything about our law then there is no question, we will be into American politics where money buys attention, and attention buys votes,” he told the BBC.TUC General Secretary Paul Nowak told reporters on Sunday: "I think they are going to cause a crisis in our democracy." He said there was no comparison between a care worker or someone working in a car plant giving a few pounds a year to a union, which lobbies openly for its members.Read the full story here. MPs and peers will today return to Parliament after Reform UK's record donations sent shockwaves through Westminster over the weekend. Nigel Farage's party was handed £36million each from crypto billionaires Ben Delo and Christopher Harborne in a move that has fired up growing pressure to curb political donations. Landmark legislation that could force Reform to hand back the £72million sum will be debated by peers in the Lords today. Labour peer Lord Wills is expected to raise the issue of a cap on donations for all Brits. Under the current version of the Representation of the People Bill, Brits living overseas will face a £100,000 cap on donations. This will be backdated to March so could include Mr Delo or Mr Harborne, who have both lived abroad until recently.