Political Finance Rules

Sarah Olney Excerpts

Thursday 6th March 2025 Commons Chamber

[Sarah Olney (Richmond Park) (LD)]

I thank the hon. Member for South Dorset (Lloyd Hatton) for his work in securing this important debate, and Members from across the House for their contributions this afternoon.

The Liberal Democrats support this motion, which aligns with our long-standing stance on political finance reform and protecting democracy from foreign influence. We have long called for reforms to prevent foreign interference and increase the transparency in political donations. We support strengthening the Electoral Commission by restoring its independence and increasing its enforcement powers, including higher fines for breaches of political finance laws. Our democracy should never be up for sale to foreign billionaires, oligarchs, or hostile states and, as such, we support this motion, which acknowledges some of those risks.

The Liberal Democrats will continue to push for strong measures to protect our political and electoral system. We want to take big money out of politics by capping donations to political parties. I am proud that my hon. Friend the Member for Stratford-on-Avon (Manuela Perteghella) presented a Bill in this House to do just that. And we want to enhance regulatory powers to protect British democracy from the unprecedented threat posed by foreign interference and attacks on our democracy. Liberal Democrats will make protecting our democracy a national security priority.

We are seeing record levels of disillusionment with the political process, with citizens becoming increasingly disengaged. Research from the Electoral Commission highlights a significant drop in the rate of public confidence in political finance transparency, falling from 37% in 2011 to about 15% today. It has also recently pointed out the threat of foreign influence on social media, highlighting the rise in misinformation and artificial intelligence deepfakes in the run-up to the general election in July last year, as well as new issues arising from the changes to fact checking on popular websites.

Public trust in our electoral process was not helped by the disastrous record of the former Conservative Government. It was not just their successive sleaze scandals, which created a crisis of democracy in this country, or their exorbitant voter ID scheme, which disproportionately disenfranchises the young and those from ethnic minority communities, but their shameful decision to weaken the independence of the Electoral Commission, and that is a decision that will go down in ignominy. If we are to strengthen our democratic safeguards, and correspondingly strengthen public trust in our democracy, that has to start with empowering the Electoral Commission. That is why we need to reverse the Conservatives� changes. We want to strengthen the Electoral Commission by repealing the Government�s power to designate a strategy and policy statement for the commission.

The former Conservative Government also failed to take the threat posed by Russia seriously. They were content to allow Russian money to flood into the UK and also to allow Russian money to flow into the coffers of their own party. And the manner in which Boris Johnson let the Russia report sit on his desk was shocking. When that report was finally published, it laid bare the extent to which Russia is a threat, including to our democratic institutions. The report said:

�The UK is clearly a target for Russia�s disinformation campaigns and political influence operations and must therefore equip itself to counter such efforts.�

It called Russian influence in the UK �the new normal� and said that the Government had underestimated the response required to the Russian threat. We continue to call for the full publication of the unredacted report.

The Russian Government have been accused of orchestrating a widespread campaign of interference and disinformation that seeks to undermine the global order. In September 2024, the heads of MI6 and the CIA jointly warned that the international order is under threat in a way not seen since the end of the cold war, accusing Russia of a

�reckless campaign of sabotage across Europe�.

I hope that the Minister shares my concern that this week United States Defence Secretary Hegseth has announced the stepping back of US counter-cyber measures against Russia. That is an incredibly concerning decision by the Americans, which threatens not only their cyber-security but our own. Will she update the House on what measures the UK is taking to step up our defence of our democratic institutions? We will continue to urge the Government to designate protecting our democracy as a national security priority.

Turning to foreign oligarchs, it would be remiss of me not to mention Elon Musk. Let us recall that just weeks before Musk became a US Government official, he suggested that America should liberate the people of Britain and overthrow the UK Government. I hope that other parties will join the Liberal Democrats in unequivocally condemning such remarks. That incident further proves that we urgently need to tighten up political funding. That includes a cap on big donations. We must prevent foreign oligarchs from being able to interfere in our democracy.

The Liberal Democrats want to take big money out of politics by capping donations to political parties, and we support the motion. A fair cap will ensure that politics serves our constituents and not big money. Over two thirds of the British public support a cap on political donations. We must deliver the reforms that people are demanding.

[Madam Deputy Speaker (Caroline Nokes)]

I call the shadow Minister.