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Farage declares earning £270,000 for promoting gold bullion

Farage declares earning £270,000 for promoting gold bullion

Summary

Reform UK leader Nigel Farage reported earning £270,000 for promoting gold bullion through a company called Direct Bullion. Farage declared this as part-time work while also receiving payments for presenting on GB News and previously registering earnings from other activities.

Key Facts

  • Nigel Farage earned £270,000 for promoting gold bullion with Direct Bullion.
  • This payment covered about four hours of work per month over three months.
  • Farage previously earned £91,200 and £135,000 from the same company in earlier years.
  • He also declared roughly £18,400 for presenting on the TV channel GB News.
  • Farage received a £5 million gift from billionaire cryptocurrency investor Christopher Harborne, which he did not declare as required by parliamentary rules.
  • The Parliamentary Standards Commissioner is investigating whether Farage followed the rules regarding the undeclared gift.
  • He earned over £80,000 from making personalised video messages for people on the Cameo website but has paused this service since March, citing security concerns.
  • MPs like Farage can have second jobs but must report any income over £300 a year and cannot give paid advice linked to Parliament.
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