Reform UK has secured a second £36 million donation in just two days, with Thai businessman Christopher Harborne matching the previous large donation made by fellow cryptocurrency billionaire Ben Delo, reports BritPanorama.
Harborne, now the party’s largest donor, confirmed his support following Delo’s record contribution on Friday. This influx of funds is intended to bolster Reform UK’s political prospects as the party prepares for the next general election.
Following the announcement, Reform UK leader Nigel Farage expressed gratitude for the backing from both Harborne and Delo, stating that their support demonstrated significant confidence in the party. Farage emphasized, “Both men know that we are the only party that can turn the country around and win the next general election – thanks to their generosity, we are now able to fight that election on a level playing field.”
Harborne, in his response, addressed potential media speculation regarding the donation, affirming there were no expectations of rewards. He stated: “There will be a lot of media speculation regarding this donation. So what do I expect in return for my donations? Nothing. No peerage, no policy change, just a Party that is ready for government.”
He elaborated on his commitment to the UK, aiming to ensure a prosperous future for succeeding generations. “I am committed to putting that to work for Britain and humanity as a whole. I want the same as everyone else in Britain: for my children and grandchildren to have the chance to live happy and productive lives here and be rewarded for their hard work,” he said.
The recent donations come amid Farage’s pledges to liberalize the cryptocurrency market in the UK and his own investment in Tether bitcoin, further intertwining his party’s economic policies with their funding sources. Reports suggest that early financial support for Reform UK included £15 million from cryptocurrency investors.
In light of these developments, sources indicate that Reform is planning a substantial overhaul of its operations as it seeks to address scrutiny regarding financial contributions. Farage is under investigation by the Standards Commissioner related to an undeclared £5 million donation from Harborne received prior to his election as an MP. Farage has maintained that the funding was personal and intended to provide him with security.
Additionally, the Metropolitan Police are investigating Reform UK following allegations related to foreign donations, exacerbated by the resignation of two key aides over potential illegal funding acceptance. Deputy leader Richard Tice is also facing scrutiny over an expenses-paid trip to Israel.
Despite these controversies, Reform UK insists that the large donations help to “level the playing field” against other major parties, noting that the Conservatives have raised £150 million and Labour £128 million since 2021.
The continuous influx of major donations raises questions about transparency and accountability within the political landscape as parties prepare for increasingly competitive elections ahead.
