Reform UK Declares £7 Million From 2 Crypto Billionaires as Donation Cap Fight Intensifies
Updated
Updated · BBC.com · Jun 4
Reform UK Declares £7 Million From 2 Crypto Billionaires as Donation Cap Fight Intensifies
3 articles · Updated · BBC.com · Jun 4
Summary
£7 million from Ben Delo and Christopher Harborne dominated Reform UK's latest Electoral Commission filing, helping the party report £9.3 million in private donations in the first quarter.
Those gifts—£4 million from Hong Kong-based Delo and £3 million from Thailand-based Harborne—arrived before the government moved to cap annual donations from overseas British citizens at £100,000 from March 25.
Reform's haul easily outpaced Labour and the Conservatives, which each declared about £4 million from private sources over the same period; the Liberal Democrats reported £2.2 million and the Greens £209,000.
Harborne had already given Reform £12 million in 2025, including a record £9 million single donation, while Nigel Farage is still under investigation over whether he should have declared a separate £5 million gift from him.
The cap has become a political flashpoint ahead of the next election, with ministers framing it as a safeguard against foreign money and Reform donors accusing Labour of trying to choke off a fast-rising rival.