Nigel Farage reported to UK standards watchdog over alleged Bank of England lobbying on behalf of donor
By
Rowena Mason, Tom Burgis
Summary
Nigel Farage, leader of Reform UK, has been reported to the parliamentary standards watchdog over allegations he lobbied the Bank of England governor to drop a state-backed digital currency plan that could negatively impact Christopher Harborne, a billionaire donor who has given £15m to the party and an undeclared £5m gift to Farage. The complaint centers on a private meeting between Farage and Bank of England Governor Andrew Bailey, raising questions about potential breaches of parliamentary rules regarding lobbying and conflicts of interest.
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Key quotes
· 3 pulledThe Reform UK leader has said his party's major donor, Christopher Harborne, wanted nothing in exchange for the £15m he donated to the party and the undeclared £5m gift to Farage the Guardian revealed in April.
But Farage used a private meeting at the Bank to urge its governor, Andrew Bailey, to drop plans for a state-run alternative to the digital currency
The standards watchdog has been urged to investigate whether Nigel Farage lobbied the Bank of England to drop a cryptocurrency plan that could be costly for the billionaire bankrolling his party
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