{"id":559020,"date":"2026-04-30T16:46:09","date_gmt":"2026-04-30T16:46:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/559020\/"},"modified":"2026-04-30T16:46:09","modified_gmt":"2026-04-30T16:46:09","slug":"new-rules-wont-stop-me-donating-says-billionaire-reform-backer","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/559020\/","title":{"rendered":"New rules won&#8217;t stop me donating, says billionaire Reform backer"},"content":{"rendered":"<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Housing Secretary Steve Reed denied the cap was designed to target Reform UK&#8217;s donors, after announcing the move last month.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">&#8220;The reason we are capping donations from British nationals who are living and paying their taxes overseas is that we cannot track where their funding has come from in the same way as if they&#8217;re in the UK,&#8221; Reed told the BBC.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">&#8220;So you could have situation where the Russians, Chinese, Iranians, hostile states, could be funnelling their money through those individuals to influence UK elections.&#8221;<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">The Telegraph interview comes as Reform UK leader Nigel Farage faces questions about <a href=\"https:\/\/www.bbc.co.uk\/news\/articles\/cn5pr0gp3gro\" class=\"ssrcss-1e0jzsh-InlineLink e1kn3p7n0\" rel=\"nofollow noopener\" target=\"_blank\">a \u00a35m gift Harborne had given him<\/a> before he became an MP.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Harborne, who until now had kept a low profile, said he wanted to speak out to explain his motivation and his relationship with Farage.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Farage said he had been given the \u00a35m gift to pay for personal protection &#8220;so that I would be safe and secure for the rest of my life&#8221;.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">But Labour and the Conservatives have accused Farage of breaking parliamentary rules by not declaring the \u00a35m gift in the register of interests for MPs &#8211; and the Tories have referred the Reform leader to Parliamentary Standards Commissioner.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">The Conservatives have also raised concerns with the Electoral Commission, which said it was considering the information.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Farage&#8217;s team say there was no requirement to declare the money because it was a &#8220;personal unconditional gift that was given before he was elected&#8221;.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Last year, Harborne donated \u00a39m to Reform UK &#8211; the biggest single donation to a UK political party by a living person.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">The cryptocurrency investor and aviation entrepreneur gave \u00a312m in total to Reform UK in 2025.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Harborne has previously given large sums to the Conservatives under Boris Johnson&#8217;s leadership, as well as Reform&#8217;s predecessor the Brexit Party in 2019 and 2020.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">In March, the government announced changes to &#8220;protect UK democracy from scourge of foreign actors and financial influence&#8221;, including an annual \u00a3100,000 cap on donations from British citizens living abroad.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">At the time, Reform UK&#8217;s home affairs spokesman Zia Yusuf accused Labour of &#8220;choking off legal funding for its main rival&#8221;.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Harborne echoed that view in his interview with the Telegraph, telling the newspaper: &#8220;I think I&#8217;m the reason for that legislation.&#8221;<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">He added: &#8220;I don&#8217;t believe the government has a right to stop me, and they won&#8217;t. There is always a way, we just don&#8217;t know what it&#8217;s going to be yet.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"Housing Secretary Steve Reed denied the cap was designed to target Reform UK&#8217;s donors, after announcing the move&hellip;\n","protected":false},"author":2,"featured_media":559021,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[49,50,51,47,52,48],"class_list":["post-559020","post","type-post","status-publish","format-standard","has-post-thumbnail","category-headlines","tag-headlines","tag-news","tag-top-news","tag-top-stories","tag-topnews","tag-topstories"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/559020","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=559020"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/559020\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/559021"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=559020"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=559020"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=559020"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}