Farage is already under investigation by the standards watchdog over whether he should have declared a £5 million ($6.7 million) donation from a cryptocurrency billionaire he received before entering parliament. The Sunday Times reported that Farage was provided with security services, social media support and accommodation by George Cottrell, a long-standing ally, in the year before Farage was elected an MP in 2024.

A Labour MP says the Reform leader pressed the Bank of England on policy that could enrich his biggest donor, a major Tether investor.

Reform UK has denied that its leader breached the code of conduct