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BackReform UK Receives Record £36 Million Donation From Crypto Billionaire Ben Delo
Reform UK Receives Record £36 Million Donation From Crypto Billionaire Ben Delo
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Politico EU10 minutes agoPolitics1 min read

Reform UK Receives Record £36 Million Donation From Crypto Billionaire Ben Delo

The massive injection gives Nigel Farage's party a significant financial advantage ahead of the next general election.

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Reform UK has secured a record-breaking £36 million donation from crypto billionaire Ben Delo, providing Nigel Farage's party with a massive financial advantage ahead of the next UK general election.

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Why It Matters

Reform UK has previously received large crypto-backed donations and faces police scrutiny over funding laws.

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Nigel Farage’s Reform UK Party cashed in a massive £36 million donation from crypto billionaire Ben Delo, giving the populist leader a massive financial head start in his bid to win the UK’s next general election.

It is the largest ever single donation ever given to a political party in the UK, dwarfing a £9 million gift to Reform UK in 2025 from Christopher Harborne, another crypto investor.

Delo, who was already one of Reform’s largest donors, said he wants to give Reform “a level playing field” at the next general election. The donation means Reform has raised five times more money than the Conservative party and six times more than Labour in 2026, the Telegraph notes.

Reform UK was leading the polls since April 2025, according to POLITICO’s Poll of Polls. But the party has now slumped slightly behind Labour, with new Prime Minister Andy Burnham at the helm and after a bizarre by-election where Farage defeated satirical candidate Count Binface.

Delo argued in an opinion piece for The Telegraph that Reform needed the injection to make the election “a fair fight.”

The right-wing force is currently rushing to get battle-ready amid speculation Burnham could trigger an early general election, though one is not due until 2029. Reform UK is on the hunt for potential candidates to run as MP, and has only about 100 star candidates considered ready to run at the moment.

Both Reform as a party and Nigel Farage have faced scrutiny over recent years about donations and how they reported them. The party is currently under investigation from the Metropolitan Police over allegations it broke foreign funding laws.

What to Watch

AI outlook — possibilities, not facts

  • Reform UK will recruit more candidates for the upcoming election cycle.

    Likely · Within months

Open Questions

  • Will the Metropolitan Police investigation result in charges?
  • Will Prime Minister Andy Burnham trigger an early general election?

Related Topics

This article was originally published by Politico EU.

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