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The Rest Is Politics

Who Funds Reform? The Missing Millions

The Rest Is Politics

Goalhanger

News, Politics, Government

4.511.5K Ratings

🗓️ 28 May 2026

⏱️ 30 minutes

🧾️ Download transcript

Summary

Who is the secretive billionaire bankrolling Reform — and what does he want? How did a brand new party raise and spend £17 million with no public explanation? As Farage inches toward power, who's really pulling the strings? This four part series, made in collaboration with The Observer’s Slow Newscast will explore the money, donors and power networks behind Reform UK.  To hear all four episodes as they drop, sign up at therestispolitics.com Go deeper into the world of The Rest Is Politics by signing up for our free newsletter ⁠HERE⁠, featuring exclusive interviews, analysis and weekend reads from Alastair and Rory. The Rest Is Politics is powered by Fuse Energy. Stop overpaying for energy. Switch at ⁠fuseenergy.com/politics⁠ and get a free TRIP+ subscription. Get our exclusive NordVPN deal here ➼ ⁠nordvpn.com/restispolitics⁠ It's risk-free with Nord's 30 day money back guarantee ✅ Reporter: Cat Neilan Series Reporter/Producer: Poppy Bullard Producer: Matt Russell Sound Design: Dominic Delargy Producer for Goalhanger: India Dunkley Executive Producer for Goalhanger: Tom Whiter Executive Producer for the Observer: Jasper Corbett Clips: Reform UK, BBC, The Times, House of Commons Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

Thanks for listening to The Restis Politics. To support the podcast, listen without the adverts and get early access to episodes and live show tickets, go to therestispolitics.com. That's the rest is politics.com.

0:15.6

Hello and welcome to The Restis Politics with me Rory Stewart.

0:23.6

And with me, Alastair Campbell, and we have very exciting news about a four-part mini-series

0:31.6

that we are doing on the funding of Reform UK.

0:35.6

And we're doing it with The Observer, and it's been an amazing piece of work.

0:40.2

The series is put together by Kat Neelan, who's the Observer's Whitehall editor.

0:44.9

In episode one, we begin the story of who funds Reform UK.

0:49.3

So it's something that Alastair and I have been fascinated by it for a very long time.

0:52.3

And of course, we get glimpses of it.

0:54.0

Many people will have heard that Nigel Farage received a five million pound contribution

0:59.1

towards his inverted commerce security from Chris Harbourn, who is a crypto billionaire based

1:04.4

in Thailand. But as this investigation shows, the story of reforms funding is much, much more complicated. and they've got some unique interviews here. They've interviewed Ben Habib, who was very close to Nigel Farage, and is now beginning to talk much more openly about where some of this funding is coming from. We're talking about Tory donors crossing the aisles. We're talking about the kinds of motivations that drive them in.

1:28.1

And above all, we're talking about how opaque it is and how mysterious it is. And what on earth

1:31.8

you have to do to save your democracy from a few very wealthy people, putting in sums of money,

1:37.9

which are colossal. I mean, so much larger in anything that you and I would have seen in politics.

1:41.9

One of the reasons why we were interested in doing this is because we've seen what has

1:47.0

happened in other countries where money is just allowed to flood in to the parties, to

1:54.5

individuals.

1:55.9

We're seeing it now with Trump in America.

1:58.0

We saw it recently with Orban, who when he lost, his kind of wealth was exposed.

2:03.3

We've seen it with Russia, with Putin, who has gone from being, you know, the guy who took

2:08.0

over saying he was going to lead Russia in a more modern Western direction, who's becoming

...

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