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Standards watchdog launches probe into £5m Farage gift

Standards watchdog launches probe into £5m Farage gift

Summary

The Parliamentary Standards Commissioner is investigating whether Nigel Farage, leader of Reform UK, broke rules by not declaring a £5 million gift he received before becoming a Member of Parliament (MP). Farage says he did not have to declare the gift because it was given before he was elected in 2024, but opponents and the Conservative Party argue he should have included it in the MPs' register of interests.

Key Facts

  • Nigel Farage received a £5 million gift from billionaire Christopher Harborne.
  • The gift was given before Farage became an MP in 2024.
  • Parliament's standards watchdog is investigating if Farage broke rules by not declaring this gift.
  • The House of Commons code says MPs must declare financial interests and certain gifts received within 12 months before election.
  • Gifts from family or commercial loans usually do not need to be registered, but other gifts may require registration if there is doubt about their purpose.
  • The Conservative Party requested the investigation and has also raised concerns with the Electoral Commission.
  • The Electoral Commission is reviewing the information related to this case.
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