Billionaire moving back to UK so he can fund Reform’s ‘war chest’

PoliticsBusiness & Finance
9 Apr 2026 • 3:55 AM MYT
The Independent
The Independent

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  • British billionaire Ben Delo has vowed to move back to the UK to continue donating millions of pounds to Reform UK.
  • His decision is a direct response to Labour's new annual £100,000 cap on political donations from Britons living abroad.
  • Delo, who co-founded a cryptocurrency trading platform and resides in Hong Kong, reportedly donated £4m to Nigel Farage's party earlier this year.
  • He criticised Sir Keir Starmer for creating a 'rigged game' with the new cap, which was introduced following an independent review into electoral interference.
  • The new regulations also include a temporary ban on cryptocurrency donations, a measure that significantly impacts Reform UK, which has accepted substantial crypto funds.

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