The evidence clearly supports the claim. On 25 March 2026, the UK government announced an annual cap of £100,000 on political donations from overseas electors (British citizens living abroad who remain on the UK electoral register). This was introduced as amendments to the Representation of the People Bill and applied retrospectively from that date. The government's own press release on GOV.UK is titled "Cap on donations from overseas electors and ban on crypto donations to protect democracy," and the measure directly followed the recommendation of the independent Rycroft Review. The speech was delivered on 3 June 2026, well after the 25 March 2026 announcement, so the claim accurately reflects an action the government had already taken by that date. The cap specifically applies to donations from "overseas electors" — British citizens registered to vote from abroad — rather than to all foreign donations broadly (which were already prohibited). However, in the context of UK political finance, "overseas donations" is the standard term for donations from overseas electors, and the government itself uses this terminology. The claim is accurate. Sources: GOV.UK, "Cap on donations from overseas electors and ban on crypto donations to protect democracy" (https://www.gov.uk/government/news/cap-on-donations-from-overseas-electors-and-ban-on-crypto-donations-to-protect-democracy); GOV.UK, "The Rycroft Review: Report of the independent review into countering foreign financial influence and interference in UK politics" (https://www.gov.uk/government/publications/the-rycroft-review-report-of-the-independent-review-into-countering-foreign-financial-influence-and-interference-in-uk-politics/the-rycroft-review-report-of-the-independent-review-into-countering-foreign-financial-influence-and-interference-in-uk-politics); GOV.UK, "Rycroft Review response: letter to parliamentary parties" (https://www.gov.uk/government/publications/rycroft-review-response-letter-to-parliamentary-parties/rycroft-review-response-letter-to-parliamentary-parties-accessible-version); GOV.UK, "The Rycroft Review: HM Government Response" (https://assets.publishing.service.gov.uk/media/6a478c47d200ca05e289e440/The_Rycroft_Review_-_HM_Government_Response.pdf)