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Nigel Farage bought £1.4m property after receiving £5m gift from British crypto billionaire: Sky News

The parliamentary standards commissioner is examining whether the £5 million gift and cash property purchase should have been declared under Commons rules.

  • The Parliamentary Standards Commissioner launched an inquiry on Thursday into whether Nigel Farage breached Commons rules by failing to declare a £5m gift received before the 2024 general election.
  • Property records show Farage completed a £1.4 million cash property purchase in May 2024, shortly after receiving the £5m gift from billionaire donor Christopher Harborne, weeks before reversing his decision not to stand for election.
  • Reform denies wrongdoing, calling the money a "personal unconditional gift," while a spokesperson stated "the offer and purchase process for the property commenced before the gift," asserting Farage had already passed proof of funds.
  • Farage defended accepting the funds by citing he is the "most attacked, physically, politician of modern times" and was denied Home Office protection, claiming the money was the "only way I can look after myself."
  • Harborne previously made a separate £9m donation to Reform in August 2025, the largest single gift to a UK political party by a living person, as Farage's office communicates with the Parliamentary Commissioner to resolve the matter.
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The London Economic broke the news in London, United Kingdom on Thursday, May 14, 2026.
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