Reform UK raises £9m from crypto billionaires, outpacing Labour and Tories in donations
By
Rowena Mason
Crusty in the right places. Worth the chew.
Summary
Reform UK has raised £9 million in private donations in the first quarter of the year, far outpacing Labour and the Conservatives. The majority of this funding comes from two cryptocurrency billionaires: Christopher Harborne (£3m) and Ben Delo (£4m), whose combined donations account for a third of all private political donations in the UK during that period. Nigel Farage's party is significantly outperforming other parties in fundraising from private sources.
Key quotes
· 3 pulledReform UK is raising millions more than the other political parties from private donations, bringing in £9m largely from cryptocurrency billionaires in the first three months of the year.
Nigel Farage's party took a £3m donation from the cryptocurrency and aviation investor, Christopher Harborne, who is a British-Thai dual citizen, and £4m from the cryptocurrency entrepreneur Ben Delo, who is relocating to the UK from Hong Kong.
Between them, the pair's donations account for a third of all private money flowing into politics in the first quarter.
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