From 1h agoLabour calls on Farage to ‘come clean’ over £5m gift and work with crime agency over money laundering concernsGood morning. In a surprise announcement, yesterday Nigel Farage, the Reform UK leader, said he would resign from the Commons so that he could fight a byelection in the hope of being re-elected as MP for Clacton. He thought a resounding win would somehow invalidate the parliamentary inquiry into claims that he broke parliamentary rules by not disclosing a £5m donation (and potentially other donations too). But within hours all the main parties had said they would not be contesting the byelection, and it may be that Farage’s only notable opponent is Count Binface.The Telegraph, a paper that is normally supportive towards Farage (although that seems to be changing a bit – perhaps because new owners have taken control?), sums up the situation well with its splash headline.Telegraph splash Photograph: TelegraphIf that will be unwelcome at Reform UK HQ, then they will be even less happy about the Guardian’s splash. In her exclusive Anna Isaac says:

double quotation markThe £5m gift to Nigel Farage by a cryptocurrency billionaire was reported to the National Crime Agency by bankers who were concerned it may have been laundered money, the Guardian can reveal.