Why £72 million doesn’t come for free – the risks to Reform UK of taking cash from mega-donors
In this news:
British politics looks set to be dominated in the coming weeks and months by the £72 million donated to Reform UK. This is because, and there’s really no other way to cut the cake here, this is an astonishing amount of money.
The donations to Reform came in the space of just one weekend – £36 million each from crypto billionaires Ben Delo and Christopher Harborne. Delo has ties to Hong Kong, while Harborne – whose self-confessed “competitive spirit” prompted him to match the first donation – is based in Thailand.
There’s a temptation to say I told you so (hands up if you were warning 18 months ago, as I was, about mega-donors). But it’s more important to think about what’s next – and the consequences for Reform of accepting these donations.
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