Nigel Farage received £270,000 from gold marketer he promotes
Summary
Nigel Farage, leader of the Reform UK party, received £270,000 in May from Direct Bullion, a gold company he promotes as a brand ambassador. He is under investigation by the parliamentary watchdog over this payment and other financial gifts linked to his political work.Key Facts
- Nigel Farage received £270,000 from Direct Bullion, his largest payment as an MP.
- Direct Bullion sells physical gold and promotes investing it through pension plans.
- Farage has previously earned £91,200 and £135,000 from Direct Bullion for shorter work periods.
- He claimed the £270,000 payment was a gift and initially said it did not need to be declared.
- Farage is facing a formal investigation over why he received the money and its disclosure.
- The payment works out to an hourly rate of about £22,500.
- Farage also earns money from presenting on GB News and doing social media work for companies like Google and X.
- Other Reform party members have registered social media work for platforms like X (formerly Twitter).
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