Flanked by union jack flags, with a spectacular view of the City of London behind him, Nigel Farage said he had “never been angrier”. In an address that was billed as a “statement on my future in public life”, the leader of Reform UK, the rightwing, anti-immigration party that remains ahead in most national polls but which has been dipping recently, said he would not tolerate any more of it. “It seems to me that the establishment have now decided that they can’t beat us fairly, so they’ve chosen to use foul means,” Farage said.He was referring to the Guardian’s revelation that he had received an undeclared £5m gift from the crypto billionaire Christopher Harborne as well as the more recent allegations – not denied – that Farage had also taken undeclared funding for his staffing, security and housing from George Cottrell, a convicted criminal and Gloucester-born aristocrat.Parliament is investigating whether the £5m gift, made to Farage within 12 months of him becoming an MP in summer 2024, could reasonably be thought by others to relate to his “parliamentary or political activities” and was therefore in need of being declared. He denies it. There is pressure for the authorities to look into the Cottrell money too on the same grounds.But this sort of scrutiny of the evidence by independent professionals was not at all Farage’s preferred solution, it transpired. Instead, Farage was going to resign as the member of parliament for Clacton, a faded seaside town in Essex, and then seek re-election all over again. “I have decided that the people of Clacton will be the judges of my actions,” he said. “This will be a people versus the establishment byelection.”Farage resigns to force ‘people versus establishment’ byelection in Clacton – videoFarage, the public school educated son of a stockbroker, Guy Justus Oscar Farage, has often played this card: presentation of himself as a tribune for the little man. For much of his political career, Farage’s message was that he was the only politician socking it to Brussels and fighting back against the intrusive tentacles of the EU.They, the elite, had crushed Britain’s fishing industry by giving foreigners rights to its waters. They had threatened the traditional British imperial measurements (pounds, ounces, pints, and yards) through the enforcement of alien European metrication (kilograms, grams, litres and metres). It was the globalist establishment that wanted Britain to stay in the EU, he argued. Farage was said to be the conscience of the working man and woman.Nigel Farage onboard a boat taking part in a Fishing for Leave pro-Brexit ‘flotilla’ in London in 2016. Photograph: Stefan Rousseau/PAWhen the UK decided to leave the EU, by 52% to 48% at the 2016 referendum, Farage’s new bogey men and women were again those above, who had made such a mess of Brexit, and the immigrants exploiting Britain’s “open borders”. Farage has claimed in recent months that “the rights and privileges of white people matter less than those of ethnic minorities” and prophesied that recent racially motivated riots could be “just the beginning”.Will Farage’s latest gambit work? The byelection means the parliamentary investigation into the undeclared money is paused. The move ensures he buys time for himself. Meanwhile, the national polls have Reform comfortably ahead of the rest. He won Clacton two years ago with 46.2% of the vote; with the Conservatives on 27.9%, Labour 16.2% and the Liberal Democrats 4.4%. There appears little doubt that Farage would win again, and comfortably.Should the parliamentary investigation subsequently find against Farage, the worst sanction for him could be another byelection should 10% of the constituency sign a petition seeking one. Would there be an appetite for a second byelection given that he had won the first? Does he limit the damage by forcing the issue now? Perhaps. Much, though, depends on whether Farage, an undoubtedly skilled communicator, can convince the British public, and not just those in Clacton, that this is not just a cynical ploy.Farage was quick to close down one line of attack by offering to cover the costs of the byelection. But the other political parties have not been slow in calling out Farage’s announcement as what Keir Starmer described as a “desperate stunt”.“It’s obvious why he is doing it,” the prime minister said. “He is up to his neck in sleaze. Politics should be about improving the lives of millions of people, not about personal gain, not about hiding dodgy donations, and I think the public will see this for exactly what it is.”The governing Labour party, the Conservative official opposition and other rival parties, including the Lib Dems and Restore, the party further to Reform’s right, which was founded by Rupert Lowe MP, one of Reform’s MPs until a nasty falling out with Farage, have all ruled out standing in the byelection.“We are not going to participate in a Reform-sponsored media circus over the summer months that is designed to puff up Farage’s ego and deflect away from wholly fair questions over why he has concealed such vast and irregular financial donations,” said Lowe.Ed Davey, the Lib Dem leader, said his party was “calling on all parties to stand aside and refuse to give oxygen to Farage’s vanity project”. The Conservative leader, Kemi Badenoch, said her party would not participate in any byelection triggered as a result of “the standards investigation into Nigel Farage’s fishy finances”.The greatest risk, perhaps, could be the most grave to his prospects: Farage could end up looking ridiculous. In British politics, there are often joke candidates at elections. It was once the Monster Raving Loony party who put people up, adding a little levity to late-night counts of the votes. These days, high-profile byelections gather all sorts.In a statement on Tuesday afternoon, the comedian Jon Harvey, also known as Count Binface, offered his candidacy as a unifying force. “Labour, Tories, Lib Dems and Greens: I demand you stand down in Clacton,” Count Binface wrote. “I will be a unity candidate and pledge to build at least one affordable house. Nigel Farage says he wants The People versus the Establishment. So be it. Leave him to me.”