donation

Harborne has already donated millions to Reform and Farage, who is currently under investigation by the parliamentary standards commissioner over whether he should have declared a £5m cash gift from Harborne ahead of the 2024 election.

Farage has argued that he was under no obligation to register the “purely private” gift, as it was unrelated to his parliamentary or political activities.

The party is also facing scrutiny over its finances after a broadcast by Channel 4 News last week showed two senior Reform aides apparently suggesting a way around electoral law to secure foreign party donations.

The Metropolitan Police has said it is investigating, while the party denies any wrongdoing.

The force is also looking into donations given to the party by Fiona Cottrell, mother of longstanding Farage ally George Cottrell, as well as a company controlled by its deputy leader Richard Tice.

Harborne wrote on Saturday that he had “already accumulated enough wealth for the rest of my life”, while Reform was a “start-up party” that lacked “the benefit of hundreds of years of patronage”.

“A start-up party needs more money than can be provided by membership fees alone, to build and sustain itself and be ready for government,” he said.

Harborne and Delo’s donations mark the largest sums received by a UK political party since they had to begin declaring them in 2001.

Delo, who also announced his donation in a Telegraph op-ed, said he was giving the money away because he wanted a “fair fight and a level playing field”. He said in April he was moving back to Britain from Hong Kong.

Addressing the recent scrutiny of Reform’s finances, he said: “My conclusion from Reform’s recent troubles is that they should spend less time trying to raise funds to compete on equal terms and more time preparing for government.”

Last year, he was given an unconditional pardon by US President Donald Trump over a breach of anti-money laundering laws at his crypto trading platform, BitMEX, to which he had pleaded guilty in 2022.

There are currently no restrictions on the amount of money UK-based donors can give to political parties.

However, the Labour government has introduced a £100,000 cap on donations from British citizens living overseas, and plans to introduce a similar one for those who have recently returned to the UK.

There were nine donations of £1m or more to political parties in 2025. The largest was £9m given to Reform UK by Harborne.

Labour had five donations of £1m or more – totalling nearly £10m – and the Conservatives had three of £1m each.

Labour said Reform and Farage still had “serious questions” to answer about their finances.

Party chairwoman Bridget Phillipson said Reform were “drowning” in “sleaze and scandal”,.

She added: “It’s time Farage and Reform came clean with the public, fully co-operated with the ongoing police investigations and prove they’re not just in it for themselves.”

Rachel Millward, deputy leader of the Green Party, told BBC News it wanted a cap on donations from individuals of £500,000.

She said the donations to Reform were “absolutely staggering amounts”, adding: “What I am very frustrated about is the influence of extreme wealth and the super rich. What I want to see is people in politics representing the needs of their communities and ordinary people.”

Liberal Democrat Cabinet Office spokeswoman Lisa Smart called for the government to introduce emergency legislation to cap donations.

She said: “These are eye-watering amounts of money. This is real emergency for our democracy. It presents a very clear and present threat.”

Duncan Hames, Director of Policy and Programmes at campaigning charity Transparency International UK, said: “This is a watershed moment, with two billionaires pledging £72m to one political party in less than 48 hours.

“This situation is now completely out of control, and makes an irrefutable case for government to bring forward an annual cap on political donations, and fast.”

LONDON: British police said Wednesday that they have opened a criminal investigation into allegations that anti-immigration party Reform UK broke rules barring foreign donations.

Last week, Channel 4 broadcast an undercover investigation in which two senior Reform UK officials appeared to discuss ways money from an American financier could be channeled through his U.K.-based son to get around the rules.

U.K. electoral law says parties can only accept donations from British voters or U.K.-registered businesses.

The Metropolitan Police said that after the broadcast, the force “received a number of reports relating to donations and polling involving a political party.

“Detectives have assessed the information provided and determined that there are potential offenses requiring investigation,” it said.

Reform UK said it “denies any wrongdoing and will fully cooperate with the investigation.”

The party suspended Dan Jukes, a longtime adviser to Reform UK leader Nigel Farage, and party policy chief James Orr, after the documentary was aired. But Farage denied that there was any breach of electoral law.

The program showed two men purporting to be a U.S. financier and his U.K.-based son discussing with Jukes, in the presence of Farage, how 500,000 pounds ($675,000) could be donated to the party through the son. The “son” was actually a reporter from investigative group Verbatim, and the “father” an actor.

In separate footage, Orr, a Cambridge University theologian, appeared to discuss getting the U.S. donor to pay for opinion polls commissioned by Reform UK.

In a speech to the party’s conference on Friday, Farage insisted Reform UK hadn’t broken any rules or accepted “dodgy money.” He accused “foreign-funded hard-left activists” of being behind what he called “entrapment.” Verbatim is an offshoot of the Center for Climate Reporting, a nonprofit investigative group that says it’s funded by grants and donations.

Reform UK was facing questions about its funding even before the broadcast. Farage is being investigated by Parliament’s standards watchdog over an undeclared 5 million-pound ($6.7 million) gift he received from a Thailand-based cryptocurrency billionaire in 2024.

Police said Wednesday that the potential offenses raised by the TV program “are similar in nature to matters already under investigation by the Met’s Special Enquiry Team relating to donations made to the same political party. As a result, these matters will form part of that ongoing investigation.”

Founded in 2018 as the Brexit Party to push for a hard break from the European Union, Reform UK has grown rapidly in membership and support since changing its name in 2021 and honing its anti-establishment, anti-immigration message.

Though it holds just eight of the 650 seats in the House of Commons, it has often led opinion polls and was the big winner in local elections in May, a result that helped spur a panicky Labour Party to replace then-leader Keir Starmer with new Prime Minister Andy Burnham.

In July, Farage quit his House of Commons seat in protest of the parliamentary standards investigation, saying he would run for reelection and let voters be his judge. He easily won the August election, which was dismissed as a stunt by his critics and boycotted by all the other main parties.