8 October 2016

Reuters: Handful of wealthy donors dominated Brexit campaign funding - report

More than half the money donated to groups campaigning in Britain's EU membership referendum was given by 10 individuals or companies, according to research published on Friday, raising questions over the outsize influence of the wealthy on politics.

Anti-corruption campaign group Transparency International UK also said 95 percent of donations to the 'Leave' and 'Remain' campaigns in the run-up to the June 23 Brexit vote were made by only 100 donors.

"The debate around the biggest question we have faced in a generation was financed by an astonishingly small group of exceptionally wealthy donors. That's a dangerous place for any democracy," said Duncan Hames, Transparency International UK's director of policy.

"It illustrates the general dependency of our country's political parties on a millionaires club of some 50 donors, many of whom also sit in the House of Lords," he added in a statement, referring to parliament's upper chamber.

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