Labour ministers may use new legal guidelines to dam Elon Musk from donating tens of millions to Reform UK.

Nigel Farage stated “the difficulty of cash was mentioned” when he held talks with billionaire Mr Musk on the Mar-a-Lago resort in Florida final week.

However Labour’s Lucy Powell hs hinted proposed reforms to political donations may forestall Mr Musk from donating as much as £78million.

Requested whether or not the Authorities may forestall the Tesla and X chief from donating to Reform, Ms Powell, Chief of the Home of Commons, instructed Sky Information’ Sunday Morning with Trevor Phillips: “We’ve no quick plans to do this, however we do have a manifesto dedication to look extra broadly at our elections regime on this nation, from issues like votes at 16, which we’re dedicated to, but additionally to make it possible for our electoral system has obtained that integrity and is strong from lots of the new points that face undermining our democracy and our elections.

“However simply to be clear that overseas donations to UK-based political events is prohibited beneath present legislation, in order that’s one thing that already exists.”

Labour’s election manifesto dedicated to strengthening the principles round donations to political events.

International donations will not be allowed in UK politics, however contributions from a “UK-registered firm” could be accepted.

However Mr Musk’s largest agency, Tesla, is registered within the UK, doubtlessly paving the way in which for an enormous donation to be made.

Pressed on whether or not the Authorities may take motion throughout this parliamentary time period, Ms Powell instructed the clampdown may characteristic in an Elections Invoice deliberate for the following parliamentary session, which begins in July.

She stated: “We’re dedicated to bringing ahead some modifications to the way in which during which elections are run on this nation.

“There will probably be an Elections Invoice most likely within the subsequent parliamentary session, however clearly we’ve not made these selections but as a result of we’re dedicated to issues like votes at 16, which is in our manifesto.

“And our manifesto additionally stated that we’d take a look at different points to make it possible for our elections on this nation are truthful, are sturdy, are free from lots of the points which can be undermining our democracy in the mean time, like mis- and disinformation, overseas state actors and so forth, and ensuring that the problems round donations are additionally truthful and sturdy as nicely.”