By GB News (Politics) | Created at 2026-09-15 07:05:07 | Updated at 2026-09-15 15:19:26
8 hours ago
Reform UK has started spending its £72million warchest despite the looming threat of Labour capping donations.
Nigel Farage's party has recently been injected with the massive financial backing from two crypto billionaires, triggering a row over capping political party funding.
Ahead of several years' worth of elections coming up, the populist party has started funnelling its funds into expanding staff and creating a new YouTube channel, Reform UK TV.
Following Reform UK's fiscally fruitful weekend, Angela Rayner and convicted fraudster Louise Haigh are plotting to introduce new legislation to limit the amount of money donors from overseas can hand over, imposing a cap of £100,000.
With the new funding, Mr Farage's top team is doubling its policy team from 10 to 20 staff in its Westminster party headquarters, as well as giving its media team a boost as well.
However, job adverts for regional party leaders across the nation are live, with more than 400 positions available.
Mr Farage has insisted that all donations to his party are "compliant" with current legislation on party funding.
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Reform calls on Angela Rayner to cough up millions in compensation following 'shambolic U-turn'
Reform UK has called on Angela Rayner to cough up millions of pounds in compensation following Labour's "shambolic U-turn" on local government reorganisation.
Reform-controlled councils across the nation have insisted on the refund after forking out close to £14million making preparations for the restructuring.
Last week, the Housing Secretary said she would pause her plot to shake-up local councils following a series of legal threats from a number of authorities that were at risk of abolition, triggering criticism she had performed a "shambolic U-turn".
RECAP: Reform hits out at Labour's 'hyperventilating hypocrisy' with bid to cap party donations
Reform UK has hit out at Labour's "hypocrisy" in their bid to limit donations to political parties.
Yesterday, Richard Tice accused the Government of “rigging the system” against Reform UK as he hit back at plans to cap donations to political parties.
Speaking to GB News, the Reform UK deputy leader hit out at the Government for “hyperventilating hypocrisy” in the row over multimillion-pound gifts to Nigel Farage’s party.
In 24 hours, cryptocurrency tycoons Ben Delo and Christopher Harborne contributed a combined £72million to Reform.
Labour’s Angela Rayner has announced that a “task and finish” group has been established in response to the donations, which will determine whether further legislation is required to place limits on such contributions.
Nigel Farage threatens to block Labour's trade union millions if he becomes PM
Nigel Farage has threatened to block trade union funding for Labour if he becomes Prime Minister as a bitter row over political donations escalates.
The Reform UK leader issued the warning as ministers consider changes to donation rules that could affect two £36million gifts made to his party by cryptocurrency billionaires Ben Delo and Christopher Harborne.
Mr Farage said any attempt by Labour to clamp down on Reform's wealthy donors could be met with restrictions on the millions flowing from trade unions to Labour.
