Reform receives record £36m donation from crypto billionaire
Reform UK has received a record £36m donation from British cryptocurrency billionaire Ben Delo, the largest single donation ever to a UK political party. Delo stated his intention to create a "fair fight" in UK politics and is giving the money upfront to preempt potential future limits on mega-donations.
Why it matters
This unprecedented donation significantly boosts Reform UK's financial power, potentially altering the landscape of UK politics and raising questions about campaign finance regulations and the influence of wealthy donors.
Image source, Getty Images Image caption, Ben Delo pictured in 2022
Reform UK has received a £36m donation from a British cryptocurrency billionaire - a record for a UK political party.
Writing in the Daily Telegraph , external , Ben Delo said he was making the move because he wanted a "fair fight and a level playing field".
The sum is the biggest single donation ever given to a political party in the UK.
Party leader Nigel Farage said he was "honoured and humbled" by the gift.
Delo said he was donating £1m a month between now and the latest date Labour could call a general election in 2029 - but that he would give all the money up front in case the government tried to limit mega-donations in future.
There are currently no restrictions on the amount of money UK-based donors can give to political parties.
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