Foreign Financial Influence and Interference: UK Politics

Lisa Smart Excerpts

Wednesday 25th March 2026 Commons Chamber

[Lisa Smart (Hazel Grove) (LD)]

I thank the Secretary of State for advance sight of his statement. I was grateful to meet Philip Rycroft as part of this important and urgent work.

The threat that we face is not new. Back in 2020, the Intelligence and Security Committee said that Russian influence in the UK is the “new normal” and that the Government then were not doing enough. Since then, we have seen Reform’s former leader in Wales being convicted for accepting pro-Russian bribes.

We have said before that the Representation of the People Bill is not nearly ambitious enough, so I very much look forward to working as part of the Bill Committee to incorporate the recommendations. Will the Secretary of State clarify whether the Government intend to accept just the two recommendations that he has focused on in his statement, or all of them?

On overseas donations, a cap is welcome, but does the Secretary of State accept that if this reform is made without wider changes, a malign actor could get around it simply by donating via a UK company? We strongly support the moratorium on all political donations made through cryptocurrency, but much more is needed to really seize this opportunity to clean up our politics. We should ban anyone who has served a foreign Administration from donating to UK political parties, think-tanks or campaign groups A significant opportunity remains for those who have been political appointees in hostile Governments to funnel donations into the UK.

We should also ban politicians from receiving payment for participating in the propaganda of foreign adversaries, on broadcasters like Russia Today and Iran’s PressTV. Will he also address why calls from the Liberal Democrats for Donald Trump’s Administration, and their explicit policy of interference in our democracy, to be included in this review were ignored? Will he order a stand-alone probe into that?

[Steve Reed]

Let me thank the hon. Member for her and her party’s engagement with Philip Rycroft’s review. She is right to point to the growing threat; it has been evolving over recent years. She mentions the case of Nathan Gill, which underscores the nature and the gravity of that risk. Today I am accepting the report in general. We are bringing forward two provisions now, because had I not done so, a window for evasion would have been left open. We will provide a detailed response to all 17 recommendations. The amendments that we table will be open for parliamentary scrutiny and debate in the usual way. I look forward to her and her party making their views clear as we go through the process.