"Nigel Farage's Reform UK attracted almost 1m from former Tory donors in the second quarter of the year, including a long-promised 500,000 from property billionaire Nick Candy. Candy handed over the sum across the spring and summer, after joining Reform in December as a treasurer and saying he would hand over a seven-figure amount to the party. Reform's other gifts from former Conservative donors included 200,000 from Bassim Haidar, a billionaire IT investor,"
"and 100,000 from Johan Christofferson, a hedge fund manager and foxhunting enthusiast who previously gave money to Boris Johnson. R20, an investment vehicle linked to property tycoon Robert Tchenguiz, is a further former Tory donor that has given to Reform for the first time, with a 50,000 contribution. Farage's party also accepted 100,000 from Greybull Capital, the company which bought a struggling British Steel in 2019 before selling it to Chinese company Jingye later that year."
"Despite the flow of donors to Reform, the Conservatives still outraised both Reform and Labour significantly in terms of money from private donors. Figures from the Electoral Commission showed Kemi Badenoch's party received 2.9m a third of which came from a 1m donation from video game entrepreneur Jez San. The party also received 250,000 from its current treasurer, Graham Edwards, and another 200,000 from businessman Kamal Pankhania and his company Westcombe Homes."
Reform UK secured almost £1m from former Conservative donors in the second quarter, with a £500,000 contribution from Nick Candy delivered across spring and summer after he joined as treasurer. Other notable former Tory donors included £200,000 from Bassim Haidar, £100,000 from Johan Christofferson, £50,000 from R20 linked to Robert Tchenguiz, and £100,000 from Greybull Capital. The Conservatives raised £2.9m, about a third from a £1m donation by Jez San, plus funds from treasurer Graham Edwards and businessman Kamal Pankhania. Labour received £2.6m, with over half coming from trade unions including Unite.
Read at www.theguardian.com
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