Burnham drops support for political funding cap aimed at curbing mega-donors
PM said he would set bar at £500k, but trade unions say funding reforms could undermine their ability to donate to Labour
AI Summary
Prime Minister Andy Burnham has abandoned his support for a £500,000 cap on political donations, reversing a position he endorsed as recently as May. The decision follows lobbying from Labour’s trade union backers, who argued the cap would undermine their ability to donate to the party. The move has angered activists and Labour MPs who had pushed for the reform to curb the influence of mega-donors.