Reform UK leader Nigel Farage amassed £2.3 million in income and gifts during his first two years in Parliament, DeSmog can report.
On 7 July, Farage announced that he would be resigning as Clacton’s MP in order to trigger a by-election. The Reform leader has been under investigation by Parliament’s standards commissioner over the £5 million undeclared gift that he accepted from billionaire crypto investor Christopher Harborne, the party’s biggest donor, before the 2024 general election.
DeSmog’s calculations indicate that, during his two years as Clacton’s MP, he accepted more than £2.3 million in external income and gifts, including over £720,000 from the right-wing broadcaster GB News, and more than £770,000 from the metals trading company Gold Bullion. That’s equivalent to £3,151 a day, or £22,000 a week.
Farage’s declaration of interests also shows that he received at least £85,000 in gifts from Harborne, as well as more than £39,000 from convicted fraudster George Cottrell, who also gave undeclared gifts and support to Farage in the year prior to the 2024 election.
The £2.3 million received by Farage has been on top of his roughly £98,000-a-year public salary. DeSmog revealed last week that Farage has only mentioned Clacton twice in Parliament during the past year.
“The government urgently needs to impose tougher limits on MPs’ second jobs,” Kamila Kingstone, a senior campaign lead at Spotlight on Corruption, previously told DeSmog, “so that the public can be confident that their representatives are working in the public interest rather than to line their own pockets.”
Farage’s plan to reset the narrative by forcing a by-election – his attempt to prove that voters are on his side – appears to have backfired. All the major parties have withdrawn from the contest, leaving the Reform leader to fight the by-election against Count Binface, a comedian dressed as a space-travelling bin.
Public concern over the gifts Farage has received from donors also appears to be growing. New polling from YouGov found that 40 percent of Reform’s own voters see Farage as sleazy, matched by 73 percent of the public as a whole.
Public First polling also shows that 44 percent of voters disagree with Farage that he is a victim of the political establishment, compared to 28 percent who believe he is.
“Nigel Farage is a multi-millionaire who is out for himself and working for the interests of his super-rich friends,” a Green Party spokesperson previously told DeSmog. “His whole career has been focused on personal gain and public division.”
DeSmog revealed in April that over 70 percent of Farage’s personal benefactors are based abroad – including Harborne, the Thailand-based crypto investor who has gifted flights and accommodation to Farage worth £85,453 since July 2024.
Meanwhile, Reform’s policy positions seem to align closely with the interests of its donors.
Farage has lobbied against regulation of the crypto industry, promising a UK “crypto revolution” if he becomes prime minister, and has shares in digital treasury company Stack BTC. He is due to speak at a crypto-backed conference this week, despite the furore over his gifts from crypto billionaires.
As revealed by DeSmog, Reform has also accepted £24 million from oil and gas interests while denying basic climate science and advocating for the dramatic expansion of fossil fuel production.
The government is currently considering how to reform the political finance system to limit the influence of major donors on UK democracy, with a growing number of MPs calling for a cap on the amount that can be donated by any one individual or organisation. Reform has been lobbying for the rules to remain the same.
