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Reform UK Raises £5.3M, Mostly From Guy Convicted Of Money Laundering

Reform UK Raises £5.3M, Mostly From Guy Convicted Of Money Laundering
Photo by Jon Tyson on Unsplash

KEY POINTS

  • The Electoral Commission released Q2 2026 donation figures showing Reform UK led with £5.3 million.
  • Most funding came from Ben Delo, a British billionaire convicted in the US for poor crypto anti-money laundering controls.
  • Labour challenged Conservative costings as 'not credible' amidst the funding drama.

In Q2 2026, the Electoral Commission unveiled a funding thriller featuring Reform UK raking in a massive £5.3 million, crushing Labour’s £3.6 million and the Conservatives’ mere £2.8 million. The cash flow largely comes courtesy of Ben Delo, a British billionaire who’s also a US-convicted crypto anti-money-laundering controls slacker, who happily gifted a whopping £4 million. Labour called Conservative costings 'dodgy,' which sounds ironic when Reform UK banks with a crypto kingpin known more for courtrooms than campaign trails. Just imagine the fundraising pitch: 'Support innovation!' while waving a court record like a badge of honor.

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Source: Theguardian | Published: 9/3/2026 | Author: Andrew Sparrow

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