Reform UK raised MORE money than any other party last year as crypto investor donates £12m - as Farage warns Starmer elections in May are a 'referendum on his premiership'
Reform UK raked in more than £18million in donations last year - more than any other political party, according to official figures.
Newly-published data from the Electoral Commission showed Nigel Farage's party raised £5,456,00 in donations in the final quarter of 2025.
This meant it raised a total of £18,565,312 across the whole of last year in accepted donations, with £12million alone coming from cypto investor Christopher Harborne.
The Tories raised £13,344,646 in donations in 2025, with Labour raising £9,088,876, the Liberal Democrats raising £4,656,886, and the Green Party raising £329,057.
The cash has been poured into Reform's coffers ahead of key elections in May, when contests are held for the Scottish Parliament, Welsh Senedd, and English councils.
Speaking at the launch of Reform's Welsh manifesto in Newport on Thursday, Mr Farage said the upcoming elections will be 'a referendum on Keir Starmer's premiership'.
Following last week's defeat in the Gorton and Denton parliamentary by-election, it is widely expected another dismal Labour performance in May will increase the pressure on the Prime Minister's position.
Mr Farage also lashed out at Sir Keir's 'dithering' response to the Iran crisis, with the PM facing a mounting backlash over Britain's lack of military preparations.
Speaking at the launch of Reform's Welsh manifesto in Newport on Thursday, Mr Farage said the upcoming elections in May will be 'a referendum on Keir Starmer's premiership'
The Reform leader said: 'It didn't take a rocket scientist to work out that America was going to attack Iran - it's been flagged for weeks.
'And yet we have a PM incapable of making a decision - dithering, pathetic in his response almost to everything.'
Mr Harborne donated £3million to Reform in November, which followed from the £9million he handed to the party in Auguest.
The Thailand-based aviation and crypto currency investor previously gave £10million to the Brexit Party, the forerunner to Reform, to fund its 2019 general election campaign.
Commenting on the latest Electoral Commission data, published on Thursday, a Reform spokesman said: 'These figures show the extraordinary momentum behind Reform UK.
'Raising more donations than any other party in 2025 proves that people across Britain are backing the party to deliver real change.'
