Reform leader changed his mind about standing as MP after gift from Thai-based crypto tycoon Christopher Harborne

UK politics live – latest updates

Nigel Farage was given £5m by the crypto billionaire Christopher Harborne shortly before announcing he would stand in the 2024 British general election, the Guardian can reveal.

Farage had stated he did not intend to stand as a prospective MP but U-turned in June 2024, within weeks of receiving the personal gift from the Thai-based businessman.

In July 2024, Farage became an MP for the first time and has since stated he now expects to become prime minister at the next general election.