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Reform UK Tops Donation Records Amid Cryptocurrency Controversy

The party’s quarterly total was driven by large gifts from Christopher Harborne and Ben Delo before Labour’s planned ban on crypto donations.

  • Newly released Electoral Commission data shows Reform UK secured a dominant fundraising lead by pulling in £9.2 million in private donations during the first quarter of the year, heavily outstripping both the Conservatives at £4 million and Labour at £3.9 million.
  • The party's multi-million-pound lead was overwhelmingly driven by just two cryptocurrency billionaires, Ben Delo and Christopher Harborne, whose combined contributions of £7 million accounted for nearly a third of all private political money moving through Westminster during that three-month period.
  • Both megadonors are actively pursuing strategies to bypass a newly introduced legislative clampdown that places a £100,000 annual cap on political donations from British citizens living abroad, with Delo physically relocating his permanent residence from Hong Kong back to the UK and Harborne signaling a potential legal challenge in court.
  • The publication of these lopsided figures has sparked severe panic among Labour backbenchers, who are warning that allowing a microscopic pool of ultra-wealthy individuals to out-buy entire political campaigns is democratic distortion and entirely unsustainable.
  • This massive injection of digital wealth has significantly altered the political landscape by directly funding Reform UK’s operational expansion, including high-production pyrotechnic events, nationwide newspaper advertising campaigns, mass postal mailshots, and a major expansion of their party headquarters.
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  • 50% of the sources lean Left
50% Left

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Guido Fawkes broke the news on Thursday, June 4, 2026.
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