Millionaire Labour donor Dale Vince takes aim at Reform UK as he calls for private funding ban

• Prominent Labour donor and Ecotricity founder Dale Vince has backed calls to ban private political donations in the UK to restore public trust.
• A report by the Autonomy Institute proposes replacing corporate and individual private donations with a state-funded system for political parties.
• The proposed scheme is estimated to cost £50 million annually, which the institute suggests funding by reallocating money from the royal family's Sovereign Grant.
• Mr Vince criticised the current system for distorting democracy, pointing to Reform UK being heavily bankrolled by billionaire donors as an example.
• Autonomy's research found that companies donating to political parties have received more than £1,294 in public contracts for every £1 donated since 2000.

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Labour donor Dale Vince calls for private funding ban for UK political parties after Reform row