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Top 3 electoral commission News Today

#1
Reform rakes in £7,000,000 from just two crypto billionaires in three months
#1 out of 3
politics6h ago

Reform rakes in £7,000,000 from just two crypto billionaires in three months

  • Reform UK secured £7 million in the first quarter of 2026 from two crypto billionaires, amplifying its fundraising position.
  • Christopher Harborne donated £3 million to Reform UK, the largest single gift to the party this quarter.
  • Ben Delo contributed £4 million to Reform UK in two instalments of £2 million each.
  • Overall donations to UK parties in Q1 2026 totalled about £24.7 million, up 214% from the prior year.
  • Donations to the Conservatives and Labour during the quarter were £6m and £4.1m respectively, far below Reform UK's total.
  • Harborne previously made a £9 million donation to Reform last year, becoming the record holder for the largest individual gift.
  • These donations come as UK Prime Minister Keir Starmer proposed banning cryptocurrency donations to parties.
  • Reform UK leader Nigel Farage remains a visible advocate for cryptocurrency in UK politics.
  • The Electoral Commission included Harborne’s latest donation in their quarterly rundown of major party gifts.
  • The quarter saw a rise in crypto-linked political fundraising and scrutiny surrounding donor declarations.
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#2
Crypto billionaires help Reform cement fundraising lead
#2 out of 3
politics4h ago

Crypto billionaires help Reform cement fundraising lead

  • Reform UK received £7 million from overseas crypto billionaires Ben Delo and Christopher Harborne, boosting its fundraising lead.
  • Delo donated £4 million and Harborne £3 million to Reform UK in early 2024 filings, with donations not made in crypto.
  • The donations contributed to Reform UK's £9.3 million in private donations for the period, part of £20.7 million total declared by all parties.
  • A £100,000 annual cap on overseas donations by British citizens abroad was announced, to apply retrospectively from March 25.
  • Labour and Conservative fundraising in the period were about £4 million each in private donations, with Reform outpacing them in private funding.
  • Reform leader Nigel Farage faces a parliamentary standards probe over a £5 million cash gift and its declaration.
  • Harborne has previously claimed he was the reason the cap was introduced and has not ruled out returning to the UK to preserve influence.
  • The Electoral Commission filings show Reform also reported £1.1 million in donations from biotech entrepreneur David Grainger.
  • Overall, Reform declared large donations ahead of May elections, outpacing its rivals in private fundraising.
  • The reported donations arrive as ministers push for tighter controls on foreign and overseas donations.
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#3
Crypto billionaires help Reform cement fundraising lead
#3 out of 3
politics2h ago

Crypto billionaires help Reform cement fundraising lead

  • Reform UK received £7 million from overseas crypto donors Ben Delo and Christopher Harborne in early 2025.
  • Donations came before the government's £100,000 cap on overseas donations, now being applied retrospectively.
  • Electoral Commission filings show £2 million from Delo on 14 January and £2 million on 2 March, plus £3 million from Harborne on 23 January.
  • Reform led other parties in private donations during the period, with Labour and Conservatives each reporting about £4 million.
  • Delo, co-founder of BitMEX, is a first-time donor to Reform, while Harborne has previously donated large sums and resides in Thailand.
  • The cap on overseas donations faces political backlash as Reform and donors resist the limit's retrospective application.
  • The article places Reform's fundraising lead in the context of broader party funding and public funding allocations.
  • Delo indicated plans to return to the UK to continue contributing to Reform's budget.
  • Harborne, who reportedly donated £12 million to Reform in 2025, has a history of large contributions and is discussed in relation to the cap.
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