Neil Duncan-Jordan

It is clear from this debate that the public have lost trust in politics and the political process, and that is linked to them seeing money have an undue influence on the decisions that politicians make. In 2015, just 1% of private donations came from individuals or companies giving £1 million or more. By 2024, that figure had risen to over a third. We have seen the obscene amounts of money that some MPs have made doing second—or even third and fourth—jobs while they are supposed to be representing their constituents. Equally, we know that businesses that donate to political parties are often in line for Government contracts in return. That has got to stop, because if it does not, more than half of all political donations could soon come from just a handful of individuals, leaving elected politicians increasingly reliant on the patronage of a small elite. We will have wealthy individuals and companies with influence over the direction of our country, despite never having won a single election. New clause 26, in my name, would begin to address those concerns. It would ban political donors from securing government contracts from the Administrations they paid to elect. Over the past 25 years, companies that donated to political parties have secured £60 billion-worth in government contracts, including during the covid era. In the middle of a national crisis, people needed confidence that decisions were made on merit and in the public interest, not shaped by big donors. The Government are quite rightly starting to claim back some of the covid contracts money, but they would also benefit from distancing themselves from those donors who are only interested in the party as a vehicle for achieving their own ends. In this debate, we are rightly having a wider conversation about our democracy. There is scrutiny of a Westminster-centric political culture in which communities have often been left behind. Redistributing power on the basis of place is one side of the coin, which must go hand on hand with redistributing power on the basis of wealth. According to a recent Oxfam report, the super-rich exert influence in three main ways: buying political influence by funding parties and candidates; gaining direct access to decision makers and institutions; and shaping public opinion to defend elite power. That is why I am supporting amendments to limit donations from harmful lobbying interests and place stronger caps on what wealthy individuals and private companies can give.