Though denied, the mere fact a foreign billionaire could chuck so much money at one party might just spur rule changes
Nigel Farage and Elon Musk . There is only one likely recipient for the US tycoon’s oft-rumoured $100m donation; and it definitely isn’t Labour.Nigel Farage and Elon Musk . There is only one likely recipient for the US tycoon’s oft-rumoured $100m donation; and it definitely isn’t Labour.lon Musk has denied he is gearing up to chuck $100m at Nigel Farage’s Reform UK party, as it pushes to take on the Tories.
This is the body, created in 1935, that enforces workers’ rights. It ensured staff at Amazon’s Staten Island warehouse had the opportunity to ballot – successfully –Musk et al’s affront at the very idea that federal agencies have oversight of business is reminiscent of the fury faced by President Theodore Roosevelt and his allies during the so-called Progressive Era, at the turn of the 20th century, when they fought to bust vast monopolies and tame the worst excesses of capitalism.
We may lack the equivalent of Silicon Valley’s galactically rich donor class, with their screwball libertarianism. But we still have a system where wealthy individuals can effectively give unlimited sums to their favourite political parties. So even if Musk felt so minded, he could not donate as an individual, but would have to channel any donation to Farage’s crew via the UK outpost of Twitter, now known as X.Get set for the working day – we'll point you to all the business news and analysis you need every morningBut the very fact he could do so in theory highlights the gaping holes in our funding rules.
Just as with the MPs’ expenses scandal, a practice that Westminster considered perfectly normal was shown to be deeply unpalatable to voters.
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