United Kingdom: How British companies pour cash into the American elections | The Observer
More than one in five of Britain’s largest corporations are channelling political donations to favoured candidates ahead of next month’s elections in the US – though these sums may be only the tip of a new campaign-financing iceberg, according to leading politicians, judges and pro-transparency watchdogs. As election year reaches its climax, America is forecast to experience the most extensively corporate-influenced race for the White House, and for control of Capitol Hill, in living memory. Among the industries already well versed in bankrolling US politics are finance, pharmaceuticals, energy and defence. British multinationals such as HSBC, Barclays, Experian, Prudential, GlaxoSmithKline, AstraZeneca, BP, Shell and BAE all have political action committees (PACs) that channel donations from employees to US politicians.