Two crypto-linked billionaires give Reform UK £72m in single weekend

Ben Delo and Christopher Harborne donated a combined £72m to Reform UK over one weekend, a sum Peter Walker describes as potentially 'game changing' and larger than the total spent by the main parties in the 2024 general election. The scale and timing of the gifts have prompted questions about what the party could do with the money and the influence of large private donations.

Two wealthy backers donated a combined £72m to Reform UK over the course of a single weekend, handing the party a major financial boost ahead of the next general election. On Friday, 42-year-old businessman Ben Delo gave £36m — bringing his total donations to Reform this year to £44m — and, less than 24 hours later, 63-year-old Christopher Harborne added another £36m.

The timing of the gifts is notable: the initial donation equates to about £1m for every month remaining until the latest possible date for the next general election. The amounts have drawn immediate attention because of their size and speed; as The Guardian’s senior political correspondent Peter Walker observed, "This is potentially a game changing amount. It’s more in total than the big four or five parties spent altogether in the 2024 general election."

Political parties typically channel large donations into national advertising, campaign infrastructure, data and targeting operations, staffing and local campaigning, and broader media or messaging campaigns. While Reform UK has not published a detailed breakdown of any planned spending tied to these recent gifts, the scale of the money substantially expands the party’s options for building organisation and exposure across the country.

The influx also sharpens broader debates about the role of high-net-worth individuals in UK politics. Large, concentrated donations can alter the balance of resources available in an electoral contest and prompt scrutiny about potential influence over party priorities and policy. Campaign finance rules require transparency about large gifts, but public and political scrutiny often focuses on the implications of such substantial private funding.

Observers and political opponents are likely to watch closely how Reform UK deploys the funds and whether the donations translate into measurable changes in campaigning, polling or media presence. For party strategists, the cash offers an opportunity to accelerate preparation for the next national contest; for critics, it raises familiar concerns about the power of private wealth in shaping democratic competition.

The weekend’s donations add to a pattern of significant private funding in UK politics, but their scale — and the fact they came from two individuals associated with the crypto sector — makes them particularly striking. How Reform UK chooses to use the money and how other parties respond will be important developments as the country moves toward the next election.