Will Farage's Extreme Wealth Be His Downfall? #news #Politics #Business #Finance #

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AI GeneratedThis discussion analyzes the financial controversies and political trajectory of Nigel Farage and the Reform UK party. It examines allegations of undeclared funding, the contradiction between Farage's populist image and his wealth, and the internal power struggles and organizational structure of Reform UK as it faces potential decline and competition from the Restore party.
Just this week, Nigel Farage declared his biggest single payment yet as an MP.
£270,000 for 12 hours of work from a gold bullion dealer.
That works out at £22,500 an hour,
which is double what the same company paid him just nine months earlier.
And it comes not long after Nigel Farage was found and accepted £5 million as a
gift from a crypto billionaire who lives in Thailand.
This is the man who built his entire political career on being the voice of
ordinary left-behind Britons.
The man of the people fighting for the people.
Now one of the wealthiest politicians in British history.
So how did we get here?
How has a party supposedly for the ordinary working man and woman ended up attracting money
from some of the richest people in the world?
And what do they expect in return?
We've been inundated with questions following our four-part mini-series
on Who Funds Reform?
Joining me to answer your questions on our member series is Kat Neelan,
who is the reporter on the series.
So Kat, let's start with these questions on the £5 million gift.
Heidi, are there any journalists still digging into the £5 million gift or
is there now little else to find out now that Farage has brushed it aside?
Taz, has the £5 million donation story harmed Nigel Farage and Reform's brand?
Sarah, how much of an impact do you think Farage's £5 million donation
will have on Reform's popularity?
The reason I just read out three of those, we had tons of questions from people.
This £5 million gift, bung, whatever you want to call it, really has broken through.
So is there much more to find out, Kat?
And what do you think the damage, if any, has been to Reform?
Yeah, hi Alistair and thank you so much for having me on the show.
So firstly, we got a letter from Christopher Harbourne's lawyers complaining about
various things, but one of them was the fact that we had described it as a
donation rather than a gift, even though actually Reform politicians have described it as a donation.
So we have scrupulously since kept to the description of it as a gift.
That is their words.
Taking the questions one at a time, yes, there are definitely journalists still digging around it.
Of course, we should all remember that it was only because of the hard work of journalists,
specifically Anna Isaac at The Guardian, that we even know about this because it was not declared
and clearly there was no plan to declare it.
So it is a very, very difficult story to do because, of course, it requires knowledge of
someone's personal finances and there's not that many sources around it.
But since this story has broken, there has been even greater scrutiny on Nigel Farage
specifically and Reform more generally, looking at where they're getting their money from.
Of course, the question as far unanswered whether this is the only
sum that he received in that sort of period before he became an MP.
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Interestingly, there are moves afoot within Parliament to try and force that issue.
So there is a bill currently going through Parliament at the minute
known sort of colloquially as the Elections Bill.
The actual title is the Representation of the People Bill,
which is not a name that I'm hugely fond of myself.
So let's call it the Elections Bill.
And there is an amendment that has been put down which would
force MPs to declare sums of money as yet undetermined what sums
that they had received in the 12 months before becoming an MP,
because there are different ways that it could be interpreted.
Most people do think that he has fallen foul of the code of conduct.
And this investigation currently being carried out by the Standards Commissioner,
many people feel that will actually find that he should have declared it.
And that may force the issue and force him to declare more.
But if not, there is this legislative move also being pursued to do that.
And that is perhaps one of the more straightforward ways to get more of that information out.
And of course, we saw last week Nigel Farage
pop his head up above the parapet for the first time in a very long time,
pretty much one of the first times he's taken questions
since the £5 million was reported.
And he was very brittle.
He kept saying it's nobody's business.
It's nobody's business what I spend it on.
Nobody cares.
I can spend it on cars if I want to.
I don't even have to spend it on security,
which also kind of highlighted another issue that I have been kind of picking up
from speaking to various people around Nigel Farage working in the party,
which is that they are conscious that he has increasingly under pressure,
been shown himself to be quite thin skinned.
So people might remember when the anti-Semitism allegations were made about him,
his response to that was very combative, very aggressive,
particularly towards female journalists.
And I know that at least one reform MP actually apologised
to the female journalist in question because he felt so kind of ashamed,
I suppose, at the way that Nigel Farage had responded.
I think a lot of this is learned from Trump.
A lot of Nigel Farage and reform strategy is very, very Trumpian.
And it works up to a point for Trump.
My big hope is that it won't work here,
that actually people don't like it when he shows that brittleness.
It was interesting in those interviews, as you say,
he went kind of to ground for quite a while.
He was clearly avoiding the media.
Normally, you know, he'll turn up the opening of an envelope
as long as there's a camera there.
And he was particularly brittle with the female journalists.
It was Sally Nugent on the BBC I felt in particular.
And then even Julia Hartley Brewer is normally a sort of big flag waver
for Nigel Farage.
He was doing that nobody cares thing.
And Trump basically says nobody cares about this stuff.
He's actually on record as saying that,
you know, effectively saying I can be more corrupt in the second term
because I realised nobody cared about it in the first term.
Now, do you think we care more?
And is your sense that the parliamentary authorities
care sufficiently for this to kind of go the full course
and possibly even create a by-election?
It's interesting speaking to some of the people
that were involved in the Boris Johnson partygate inquiry,
because that is probably the most recent big standards inquiry that we had.
And although a very different issue,
people that worked on that and some people that had worked on other cases
do feel that not only that has he broken the code of conduct,
but the size of the sum and the period in which it was given
are such kind of huge strong factors that the suspension
that may be recommended would be enough to trigger a by-election.
But that said, I did go down to Clacton on Friday, hottest day of the year,
lots of people out on the seafront.
And many people in Clacton had not heard about it.
Interestingly, even when I explained the story to them,
many people said that's disgusting.
He's a thief.
What a hypocrite.
All the kind of responses that I think many people,
regardless of their political persuasion, would have to that kind of story.
But then you say to them, well, if there is a by-election,
would it change your perspective?
Would it change the way you vote?
And actually, at best I got was people saying they were on the fence.
And when they were on the fence,
it was more about his failure to do things locally rather than this 5 million.
And I think the problem is that for many people,
politicians, politics feel so far away.
And they do feel sort of a plague on all their houses.
Everyone is bad.
Everyone is at it.
But I kind of like him a bit more than I like everyone else,
or I hate him least of all.
And so that is the sort of prevailing kind of worldview
of the people at Clacton that I spoke to.
But if you look at this, like we're recording this on Tuesday
and the Financial Times has broken a story today.
Reform UK leader Nigel Farage has declared his biggest single payment as an MP,
£270,000 from a bullion dealer doubling his fee from 2025.
I mean, surely eventually it gets through to people that this guy
who presents himself as a man of the people fighting for them,
fighting for the poor and downtrodden and those who've been left behind.
He's absolutely minting it as an MP.
He is by some distance the best paid outside earner in Parliament.
Yes, and that's before we even get to the sums that we don't know about.
We've been obviously tracking his payments for a very long time.
We have a tool called the Westminster Accounts,
which collates all of the data.
And you can see from that that this company, Direct Bullion,
has actually given Nigel Farage £685,000 since last election.
That's not actually his biggest employer.
GB News pays him about £100,000 more than that so far.
But if you look at it in terms of the hours that he spends working for Direct Bullion,
I actually did a piece last year and even then he was better paid
than top flight Premier League footballers.
So you can see just sort of how much people are getting for their money.
And I actually interviewed the boss of this company last year
because I wanted to put that exact question to him.
You know, what do you think you're getting for the money?
It was an interesting conversation.
He was very forthcoming.
He seems to think that the business is doing better
because of the brand ambassador that Nigel Farage offers.
But he also said something which I thought was quite telling,
which was that whenever he calls, Nigel answers the phone.
And that's helpful if you're running a business,
but it's also helpful if you're looking ahead to the possibility
that he might be the prime minister at some point.
And the other thing that's worth noting about this guy, Paul Withers,
is that he's also behind the company Stack BTC,
which Nigel Farage is also involved in,
the quasi-quarteng linked crypto treasury company.
And even people around Nigel Farage are starting to get a little bit wary
of his involvement with things like this
because they worry that it, in their view,
muddies the waters between what they see as a sort of genuine policy belief
that he advocates for crypto as a kind of leveller
and a sort of way of breaking away from the establishment
versus being seen to be sort of privately motivated
because he's making money out of it.
So some of the people around Nigel see that,
not necessarily himself,
but of course, as he always used to say,
there's no money in politics, certainly not if you're straight.
But also kind of going back to that trip to Clacton
when I was speaking to people in his constituency,
what was really clear to me was that
they didn't hugely mind about the £5 million from Christopher Harbourn.
They put it in the same kind of vein as the free glasses
and the suits that Keir Starmer got right at the start of his time in power
that sort of dominated the news for a very long time.
And it doesn't matter necessarily that the sums involved are so different,
but to many of the people that I spoke in Clacton,
there was very much a sense that,
oh, well, they're all in it together.
All the politicians are just trying to make a quick buck,
you know, kind of fair play to him for making more out of it.
I do think that it's more symptomatic of how people feel about politics as a whole
rather than politicians as individuals.
But that being said, it's pretty clear that on a national level,
things are slowing down for them.
So there was a YouGov poll out this morning
showing that they were down one percentage point.
Labour were up a couple of percentage points.
But that being said, reform is still leading in the polls.
Tories and Labour now are both on 20%.
They are narrowing slightly.
Of course, you know, expected burn and bounce.
But that drop from reform may well be a little bit to do with this five billion pounds,
to do with how he behaves when he's on interviews
and to do with a sense that perhaps maybe they've hit the ceiling.
Maybe people didn't like the way that he reacted to the Henry Novak case.
There was a sense from some people that he'd kind of crossed a line.
And so perhaps we are sort of seeing the beginnings of a kind of plateauing
or possibly a decline.
I mean, I've felt for some time that he's hit the peak,
but I'm always conscious of the possibility that's wishful thinking.
And so, for example, the Henry Novak murder
that he immediately tried to weaponise in the way that he did,
that reminded me of Trump and the Charlottesville,
there are good people on both sides.
The money stuff, nobody cares,
reminds me of Trump constantly sort of saying whatever the big scandal is,
you know, nobody's talking about that.
Where I go, they're talking about ABC.
So he's doing the same thing.
I think you're right that he's dropping a little bit because of it.
I also think people don't like when politicians
seem to be making sort of ever-changing excuses.
And this question from Andrew,
one line of questioning I've not seen when trying to hold Nigel Farage to account
is to make the point that if he becomes prime minister,
he'll receive armed diplomatic protection for the rest of his life,
in which case it follows
he won't need this money for security.
Surely, it needs to be asked,
if you become prime minister,
will you return the £5 million gift to Christopher Harbour?
And I think we know what his answer will be.
He'll go and buy, you know, several hundred Ferraris.
But do you think, I think his problem with this is that nobody believes.
I don't know anybody who believes that that's the case.
I mean, the other thing which I find genuinely offensive,
in the week, the 10th anniversary of Joe Cox's murder,
Labour MP who was literally murdered
during the Brexit referendum campaign 10 years ago,
that Farage goes out and says he needs this security
because he's the most attacked politician in the country.
He's actually in his own ways, you know,
he's popular with a certain section of the population.
So I just think that these constantly shifting excuses,
it was a gift, there was no strings attached.
I don't know anybody who gives somebody £5 million
without wanting something in return, even if it's unspoken.
So the week that the story was reported,
you'll probably remember Alistair,
what happened was the Guardian went to him for a right of reply,
gave him two days to come back to them.
And in that period, he went to the Telegraph with a sob story
about how one of his homes had been firebombed,
there'd been an arson attack.
And what we've actually since reported at The Observer
is that the police investigated it as a possible burglary,
not as an arson attack.
So even that story didn't kind of stand the test of scrutiny
for a couple of days.
And since then, we've had lots of different reasons given,
of course, one of them being as it was a reward
for his campaigning for Brexit.
And then the series of interviews that he gave last week saying,
it doesn't matter what I spend it on,
I can spend it on what I like.
I mean, theoretically, that is true.
What he's being investigated for is not
what are you spending it on?
It's whether he should have declared it or not.
And the only people that can really make up their mind
as to whether or not they are happy
with what he's spending this £5 million on,
if we ever find out, are the people of Clacton.
That's why it's so important that the message
kind of gets to those individuals
and not just to the sort of same group of people
that already have decided what they think about Nigel Farage.
But this is also the more that we can do
to kind of shine a light on the various money
flowing into him and flowing into reform.
And the more that politicians can ensure
that the system that we have is fit for purpose,
it's really important because we have for a long time
sort of operated in this kind of good chaps theory
form of government and way of things being done
in a certain way.
And one of the things that I think Trump has exposed
and before Nigel Farage, Boris Johnson has exposed
is that if you don't have sort of quite nailed down rules,
if you just go by convention,
then someone can come along and start ripping them up.
And I think what Nigel Farage is doing to an extent
was kind of kick-started really by Boris Johnson
and Dominic Cummings who came along and were like,
well, is it illegal?
No, okay, fine, then we can do this.
Yeah, look, I agree with you.
I think it's terrible and it's unfair
that all MPs get tied with the same brush.
Of course, the MPs expenses scandal
did a lot on that front.
And it is on one level absurd to equate Kirstein,
we're getting a couple of tickets at Arsenal
and these free glasses with somebody
getting literally 5 million quid
bunged into his bank account.
But that is the reality in which we live
in a very, very cynical age.
But I wonder whether the fact
that it's not just Nigel Farage,
so Richard Tice has had issues to do with his taxation.
And of course, he does the same response,
nothing to see here, no law broken,
all above board, dah, dah, dah.
And then of course, you've got one of their big defectors,
Robert Jenrick has had one or two issues
to do with his funding and his financing.
I think that as that becomes the prism
through which they're being regarded,
then I think a change can come further down the track
in terms of public opinion.
Because if your whole shtick is that
you're the man of the people
fighting for the common man,
fighting for the guy who's been
beaten up by the authorities.
And suddenly you seem to be like the uber elitist.
It's very, very hard for that shtick to hold.
Yes, and I think also what's important is
if you look at where those stories have come from.
So the Richard Tice one is a good example
because that was actually a Sunday Times investigation
or series of investigations.
And I think it's sometimes easy for people
on the right of politics to say,
well, it's the Guardian, it's the Observer,
it's the rest is politics,
you would say that, wouldn't you?
But when you have even centre-right publications
doing it, then people probably realise
that it's not a partisan issue as much.
And therefore it cannot be ignored,
that it is a kind of about having an ethical standard
and ethical red line that people will not cross.
I mean, just to go back to the point
that you were making about security,
it is true to say that
although he is very popular, Nigel Farage,
that he is also very, very disliked.
You know, this is not to say
that there isn't security issues there,
but Parliament offers every MP
tailored security according to their needs.
And so we don't know exactly what went on
because Parliament does not comment
on specific individual circumstances.
But I know from speaking to MPs regularly
about the type of arrangements that they have,
the fact that the police are really involved
in making sure that everything is okay.
You know, they might drive past their house,
they might drive past their loved one's house
when they're not even there.
There is a real consciousness,
perhaps too little too late,
that MPs are genuinely at risk
from people that would like to do them harm.
And so, you know, I think it's difficult to say,
but the idea that Parliament
would leave anyone in the lurch
seems to me to be somewhat implausible.
Yeah, I mean, I also think
that there is an element within politics,
and I do see this particularly on the right,
where it's almost like a status symbol.
That, you know, if you're surrounded by four guys
with earpieces coming out of their,
you know, their left ear hole,
that somehow it makes you look
much, much more important.
Now, I know, I'm sure that people
who are close to Farage will hear that
and think, you know, that's outrageous,
that's ridiculous.
But, you know, I've heard him talk about death threats.
I mean, I've heard very, very, very many people
in politics get death threats, okay?
I can remember not long ago,
I was in the same building as Farage.
And look, I've worked with people
who've been under the highest level of protection
that there is in the British state right now.
And I was at this event with Nigel Farage,
and he had a team of people who came in,
they were doing the same sorts of things.
Now, unless they'd heard something
very, very specific about that day,
I've got to say, I think it felt very performative to me.
And so, you know, and that's why I got so angry
about the Joe Cox, you know,
him saying that in that week of all weeks.
Because the truth is, the more you highlight
that there are these threats out there,
sometimes that actually exacerbates the problem
for the many who do not have protection.
It's very interesting what you said about Clacton,
that they don't like it,
but also there wasn't that much awareness.
And even when there was awareness,
would it shift the vote?
Not so sure.
But bear in mind that the party at the higher level
with the MPs and the sort of full-time activists
and so forth,
is there the beginnings of chatter
about whether Farage is actually going to see out
this parliament?
I would say not within reform, the core party.
I think most people are sort of still banking
on him staying.
I think that may be as much to do with the realisation
that if he doesn't lead them
into the next general election,
they will have a much tougher time
as it is to do with the reality.
But I think it's implausible
that Robert Jenrick would not have defected
if he didn't think he was going to have
a good chance of being leader fairly soon.
Because he was either going to lead
the Conservatives at some point,
or lead reform at some point.
And perhaps he might think
that it was sooner there than at the Tories.
I think that there are growing suspicions
from some of the rival political parties
that it's maybe getting to him,
and that maybe he's, you know,
if you think about how long he spent as an outsider,
you know, he's been a campaigner
for sort of 20, 30 years.
Even when he was an MEP,
he was an MEP that sort of revelled
in his outsider status.
And the idea that, you know,
he might finally get into power,
and his legacy is yet another failed Prime Minister,
I think it will be giving him pause for thought.
Certainly, that's what some people are saying.
And so I think there probably is,
you know, maybe some suggestion,
and certainly if the polls continue
to either plateau or even go down,
and with this £5 million sort of circling him,
it's not inconceivable that he says,
you know what, I've done a great job,
I've brought us this far,
and now I will be the best Prime Minister you've never had.
Because it would sort of allow him
to have a kind of off-ramp,
as someone described it to me,
without actually being put to the final test.
But, you know, we always say this,
the sort of draw of power is far stronger
than people kind of, quote unquote,
normal people realise.
And so I think it would be a big step for him
not to do it, having got this far.
Well, a question from Bailey,
could reform get support with a different leader,
or is their success entirely tied to Nigel Farage?
I mean, I guess that's what you've been addressing there.
He's obviously been worried about the one man ban thing,
which is why he has welcomed in people
And I remember that meeting that I had with him,
I remember him telling me,
it was before I'd even heard of Zia Yusuf,
and he was telling me,
I've got this guy coming in,
Zia Yusuf, he's really impressive,
he's really going to shake things up, etc.
So he's conscious of that.
Do you think they've done polling
on the extent to which reform is Nigel Farage?
And I wonder what it says.
I don't know for certain,
but I would imagine they have done.
I mean, certainly, I think Robert Jenrick
has a fairly sort of well established team.
He's probably been doing his own polling.
He certainly has enough of his own donors
that could certainly be afforded out of his pocket
rather than central budget.
It's both a blessing and a curse.
So when you look at, for example,
the local elections,
and even the make a field elections,
they were able to bypass spending rules
for both of those,
because they campaigned on a national level
rather than on local issues.
And that is, to them, win-win,
because it means they just plaster Nigel Farage
all over their campaign literature,
and then they don't have to worry about spending limits
or even saying how much they have spent on things.
Is that not being addressed by the elections bill?
Again, I think that is something
which may have to come through in amendments.
But as things stand,
and certainly I don't think it would be retrospective,
the local election,
it's a bit sort of sky's the limit
and you can guess how high they went on that.
Which is why you have weird things,
like I think there was a Welsh newspaper
that had picked up
that they were advertising about something in London
in one of their campaign literatures.
So it looks a bit disorganised,
but it basically gets the message out,
vote reform, vote for change.
The finer details are maybe not necessarily
what everyone's going to pick up on.
And you don't have to worry about how much it costs,
because you've just got £5 million from a guy in Thailand.
So they are able to sort of pump this stuff out
with Nigel Farage's face on it,
and not really have to worry too much
about the consequences.
It does mean that I think there is a succession issue.
I think Robert Jenrick
and possibly Zia Yusuf also sees himself as a successor.
I mean, Alistair, I'm sure you watched Question Time last week
when Zia Yusuf seemed to suggest
that he'd been blocked from standing as a candidate.
I don't know whether you fell for that one or not.
I mean, I'm a bit sceptical myself.
My usual rule about Question Time
is I only watch it if I'm on it.
But I did see the clip of Zia Yusuf,
and it looked to me,
it was actually the Tory, wasn't it?
Kevin Hollinwright was giving him a hard time
about why he'd never stood.
He looked like me, like somebody trying to find a reason
to rebut, but I'm assuming that nobody has confirmed
that he was blocked at any point.
I have been asking some of my reform sources,
and no one has been able to come up with a sort of by-election
or any other seat that he has applied for
and been turned down from.
But, you know, maybe we'll find the receipts at some point.
Who knows?
I mean, none of them, though.
If you look at any of them,
Richard Tye, Zia Yusuf, and Jenrick,
I mean, who I guess are the most high profile
of the ones who are most on television, I would say.
I mean, they're not great, are they?
They're not.
Nigel Farage, I have to acknowledge,
has got something that cuts through to the public.
I'm not sure they do.
It wouldn't be my choice,
but it's not really my choice of politics either.
And I think Zia Yusuf is another one
who doesn't always speak to women
with the greatest of respect.
Again, I think in Question Time,
the way that he spoke about BBC
trying to sort of rig the numbers
so that it looked as though
there were fewer reform voters
and being put very much in his place.
You know, it was kind of the first time,
I think, that perhaps he sort of had that situation,
but he was perfectly happy to talk all over the women.
Emily Thornberry as well, who were on the panel.
You know, to me, watching that as a woman,
that doesn't sit well.
I don't like it.
Robert Jenrick and Richard Tice are more respectful,
but still, you know, kind of have their moments.
And I think the sort of interesting thing
that has been happening with some of the defections
as they come over is how they affect
the sort of pecking order within reform
and what that does to some of the tensions within the team.
So I understand that Zia Yusuf
didn't actually talk to Robert Jenrick
for about two months after he came over.
But I think primarily because he was a Tory
and Zia Yusuf clearly does not trust Tories.
He thinks that their job is to destroy
the Conservative Party.
You know, the extent to which there's also
a bit of male ego and hierarchy
kind of coming into play there.
I would imagine that's probably another reason
why they didn't speak for a long time.
Although I gather they are speaking now.
Oh, good to know that Jenrick and Yusuf are speaking.
That's lovely, lovely news for us.
Listen, we've got loads of questions on this one, Kat.
Katie Victoria.
Is it true that reform is a company,
not a political party?
And if so, what does that mean?
Sara, how does reform get away
with it being a limited company?
What are the rules there?
Yes.
So in reality, it doesn't make a huge amount
of difference how it's structured,
whether it's a limited company
or like other parties, an unincorporated association.
They're all bound by the political party's
elections and referendum act.
So that means that they all still have
to declare donations in exactly the same way,
regardless of how they are composed.
The fact that they are a company means
that it's more about the control of direction.
It's potentially around if there are any profits,
but certainly when it comes to declaring donations
and so on, it doesn't really have any bearing
on that side of things.
Yeah, you've talked a couple of times
about the kind of manosphere issues.
And I think you're right, Yusuf,
I've noticed that as well with him,
that he seems uncomfortable
when he's being quizzed by women.
That being said, Ethan Bowsher,
why do you think so many young people,
especially men, are drawn to reform?
Finn, I work with builders in Essex.
What's the best way to explain to them
that reform is not for the working class?
Look, I meet a lot of working class men
who tell me that they're going to vote reform,
they have voted reform.
And usually it's in the area.
Sometimes it is just straightforwardly about
get the immigrants out.
That is a big part of it.
But I think sometimes it's just,
look, I've tried Labour or I've tried Tory.
Sometimes I've tried both.
And I just feel that the country's not right.
I'm not in a good place.
My life's not that great.
And Farage looks like he gets it.
That's kind of what I take for what they.
But do you think I'm missing anything?
Is there anything deeper than that, do you think?
So I think for the last few years,
really since Brexit,
the parties, both Labour and the Conservatives,
have responded to Nigel Farage
in whatever iteration he has existed in
by trying to outdo him
or prove that they can be like him.
And what we've seen with both the Tories
and Keir Starmer has been that
they have tried to out Farage
and they have not succeeded in doing that.
And I think that it was interesting
and a breath of fresh air, actually,
to hear Andy Burnham on Monday talk about,
you know, the subtext of what he was saying
was effectively defeating populism
with a bit of positivity,
a bit of, you know,
instead of punching down and saying,
you're feeling worse off because of the immigrants
and you're feeling worse off
because of the scrounders on benefits and whatnot,
that actually he was talking about
reshaping the economy
and redirecting some of the investment
into the nations and regions.
Now, talking a good talk, all well and good,
whether he actually can do that is another thing.
But that was the first time I felt for a long time
that I actually heard a different diagnosis
of the problem
and a different possible solution.
It is going to be really difficult, of course,
but I think there is a lot of this kind of populism,
both on the right and the left, actually,
which is post-financial crash,
exacerbated by Brexit,
exacerbated by inflationary issues from COVID
and all the rest of it.
People feel poorer and they want to blame someone.
And who's the obvious target?
Well, it's the immigrants.
And so if you kind of allow the politicians
and all of them, right and left,
or not all of them, but a majority of them,
have followed Farage and the others in doing this,
then, of course, that's what people think
that is the solution.
But actually, if you present an alternative
that is a bit more optimistic,
then a lot of people will go for that.
So I am an optimist that it doesn't have to be this way,
but I remain on the fence
until I have seen what the actual plan is.
Yeah, I thought it was interesting, though,
that in the Makerfield by-election,
which was obviously a big risk for Andy Burnham
when he looked at the polling at the start,
that he didn't really go for the reform candidate
in a way that, you know,
I think a lot of Labour party campaigners
have just gone, right, you know,
this guy's given us so much ammunition.
There was lots of stuff being pumped out,
maybe on his behalf and for the Labour Party,
but Andy Burnham,
even when he was on the same platform,
the same stage,
was very much, you know,
we have to listen to what he's saying
and very kind of respectful.
Whether he'll be able to do that
with Farage in the House of Commons,
Rory and I talked about this on the podcast earlier,
that the House of Commons is so constructed
and engineered for combat
that whether if Farage plays his same game,
which I suspect he will,
and Badenoch as well,
whether Andy Burnham will be able to hold
that sense of trying to do politics
in a different, more collaborative way,
I don't know.
And the point about how to explain
that reform isn't for the working class,
I think that's, again,
where this money stuff does come in.
You know, these are people
who look to be doing very, very well for themselves
on the back of being politicians.
And I think eventually that has to get through.
And the other thing for me with,
you know, why they're not for the working class,
I'll tell you who they are for,
I'd say,
they're for Russia.
You know, this is a party that is,
we've still not got to the bottom of their links
during the Brexit campaign.
We've still not got to the bottom
of the Russian influence
in the hard right of our politics.
And so I think that there's lots of different ways
that you can go for them.
But in terms of explaining to the working class,
you basically ought to be saying to them,
these people are not for you.
They do a very, very good job
of pretending that they're for you.
But look who they're benefiting now.
They're benefiting themselves.
Kat, you mentioned the other parties
and I guess the one that maybe is most alarming
to Farage is Restore and Rupert Lowe.
Hope Hunter.
Is Restore a genuine threat to reform?
Sam, do you think Lowe is a greater threat
to reform the Conservatives?
What do you make of the Rupert Lowe situation?
I mean, he didn't do as well in Makefield
as he said he was going to,
but he's kind of come from nowhere.
He's obviously got a lot of money.
He's got Elon Musk backing him.
There was a point where Farage thought
Elon Musk was going to be backing him.
Do you agree with Sam that Lowe might be
a greater threat to reform than the Tories?
I think on a national level, no.
But I think what is interesting about Rupert Lowe
is that he has some of the same target seats
that reform would have wanted.
And actually just to go back to my visit to Clacton,
although people weren't necessarily
talking about Rupert Lowe,
I think that if there was another party
that would stand there,
and I know for a fact that if there is a by-election,
Restore will stand against reform,
that people might be minded to go for him
because we've seen with focus groups
and also the numbers in various polls
that there is this sense that actually reform
is starting to feel a bit like
it's a part of the establishment,
whether it is the five million
or whether it's just a sort of familiarity
breeding contempt issue.
There are people who now see Nidal Farage
and some of his fellow reform MPs
as part of the problem rather than the solution.
And so there is this drift towards Restore.
The question is not so much about
whether or not Restore could get as many seats as reform
or could threaten them in that sense,
but just actually taking away enough of their voters
that they don't get an overall majority
in a given seat is enough.
And I appreciate that with Makefield,
it was more than the total,
Andy Burnham won by much more
than the total combined Restore and Reform vote.
But nonetheless, having that eat away at you
and also in the system that we have,
having any kind of doubt as to whether or not
you might be the viable second place or first place
does then kind of act as a vicious loop against you.
So it's more than just,
are they a bigger threat than the Conservatives?
But did they pose enough of a threat
to the right of Reform?
And someone actually was saying to me,
Restore is doing to Reform
what Reform have done to the Tories.
And that's also why we've seen a bit of a knee-jerk reaction
to the Henry Novak case, to the Belfast stabbings,
where it feels as though things have shifted
further rightwards in quite a quick space of time
because they're trying to sort of outdo the threat.
It's why we kind of see them talking about grooming gangs.
I mean, the reform candidate
in the Greater Manchester Mayoralty candidacy now,
she's talking about grooming gangs.
And again, I think that's a thing
that has really only become an issue because of Restore
and because of the pressure
that Restore are putting on Reform.
Interesting, and I guess the other thing
that you see through the Nigel Farage life story
is he does seem to have difficulty
in maintaining relationships with people
who get to be as powerful as he is.
I mean, Rupert Lowe was elected
under the Nigel Farage Reform UK banner.
He's gone off, shown that he can do something different.
And the other thing, do you think there's any possibility?
I mean, I only asked this because I read about it.
I don't have any independent knowledge at all,
but I read it in one of the newspapers.
That Christopher Harbourn is actually beginning to rue
putting so much money into Reform
because it doesn't seem to be delivering
what he thought at one stage it would.
Do you think there's a possibility actually
that the big donors start to think,
well, this is not going to lead where we thought it was,
which was a Farage government?
I mean, that's always a possibility.
I don't have a speed dial to Christopher Harbourn.
Unfortunately, if I did,
I probably wouldn't be sat here
in a tiny cupboard speaking to you.
You'd be in a tiny cupboard in Thailand.
I'd be in a six-star suite in Thailand, I think, actually.
Owned by him.
But what I also saw at the weekend
was reports that he is going to,
he has come back onto the electoral register here.
Instead of being an overseas voter,
he's now described as a UK voter
and some suggestion that that's how he's going to try
and get around what efforts
the Labour government is making
to try and sort of stamp down on overseas donors.
So the other thing is, Alistair,
you know, he is a multi, multi-billionaire.
You know, that interview with The Telegraph
I thought was unintentionally revealing
because he was asked how much he was worth
and he couldn't even put a figure on it.
He doesn't know how many billions he's worth.
And so to me, you know,
obviously five million is an insane amount of money.
It's kind of completely changed the game of British politics.
But to him, it's just a fraction of his wealth.
So he might not be that happy with the direction of travel,
but it's certainly money that he can afford to lose.
My final one,
and, you know, I think we've done very, very well
to get this far without talking about Brexit,
but I think we have to,
because this is the thing I find extraordinary,
that history will basically say
that the three big drivers of Brexit
were David Cameron with the referendum
and Johnson and Farage
because they led the two campaigns
that between them pulled it off.
Johnson went on to be prime minister, as we know,
and David Cameron, I think, would accept,
and I believe even in his rare honest moments,
Boris Johnson would accept
that Brexit has not delivered
what those who fought for it said that it would.
And yet still, despite all that damage,
Nigel Farage is still being talked off
as possibly being the next prime minister.
So Gavin Wiginton,
why isn't Farage held accountable
for the disaster of leaving the EU?
Mick Cahill, given the weight of data
that now exists about the damage Brexit has done
to the economy,
shouldn't Labour's obvious strategy
be to slip in mention of said damage
and Farage's responsibility for it at every opportunity?
But I'm guessing that the people you were talking to,
that you were talking to in Clacton at the weekend
are basically saying,
well, he fought for what he believed in and he won
and it hasn't delivered what he said it would
because he wasn't in charge of it.
How do they rationalise the fact
that he's done something
which has done damage to their lives
or do they not see the connection with Brexit at all?
I'm just trying to think
whether the B word came up at all.
People were talking about small boats,
people were far more exercised about local issues,
so potholes, dog mess,
people on e-bikes and e-scooters.
Again, that's where people,
there was frustration,
oh, he just used us as a way to get into power
but he doesn't really care about us.
In terms of Brexit,
in terms of why people aren't using it more,
you know as well as I do, Vanessa,
there is an intense nervousness in Westminster
about doing it
because Labour has a very shallow majority,
I mean, obviously lots and lots of MPs,
but many of them sitting on very, very narrow margins
and they are worried about upsetting the apple cart
because a lot of them are hero voters,
quote unquote,
people that will have voted for Brexit back in the day.
So there is that.
There is also, I think,
probably still for many people in Westminster,
their own sort of personal wounds
that they carry from having gone through it all
and I think the easy answer that Nigel Farage
and certainly the people around Nigel Farage give
is, well, it's not his fault what happened afterwards
because he wasn't in charge
and had he been in charge,
of course he would have made a success of it.
We thought they would do better than they did
and so even if you try to sort of get him on that front,
there's a sort of easy answer.
It's actually arguably far better to push him on his record
as a constituency MP now
or as the leader of a political party in Parliament now
than Brexit
because arguably, and they do argue,
he campaigned for something,
he achieved it,
the people that were in charge then made a mess of it.
Okay, well, I will not give up
but I get that that is a lot of what people think.
But final point for me, Kat,
what did you find most interesting
about taking the time you did to delve into all this?
Was there anything that particularly surprised you,
particularly shocked you
and what's the next chapter
in the Farage funding story, do you think?
So I think that we will find out fairly soon
whether he has fallen foul of the Code of Conduct
and I think there may well be a further reckoning,
as I said at the start,
in terms of this legislation
as to whether there was more money given to him
in the year or few months before he became an MP.
I think that one of the things
that I kind of have a little bee in my bonnet about
is that he is a shareholder of All Perspectives,
which is the parent company of GB News.
He does not declare that on his register
because he interprets it through one set of rules.
I think there's another set of rules
that could be seen to suggest
that he should be declaring it.
I think it would be very interesting
to see how much that's worth.
Also to get a bit more detail
about where the money for All Perspectives is coming from,
because by all accounts,
it seems to be a sort of loss-making venture currently
that is propping up the party.
Obviously, you and others have done work
around the number of people being interviewed
who are just reform or reform activists
and that is populated by reform people as well,
a lot of the people that work on it.
I am interested in what comes next
in terms of that side of things.
I think there is still quite a lot of interest
in Robert Jenrick's case,
which we haven't really touched on yet,
but I think that may yield
some more interesting lines there as well.
I think that there is probably still
quite a wealth of stories, pun not intended,
about reform and their funding,
which will keep us all very busy for a very long time.
Well, well done on the series.
I've thoroughly enjoyed listening to it
and I hope you enjoyed doing it.
This episode that you and I are doing, Kat,
is going out to all who want it,
but people have to become members
to listen to your series
and they do that by going to therestofthepolitics.com.
I think you're right.
I think this is a story that will run and run
because I think there's something
in what they think politics is about
and what it's for
and the kind of people they're appealing to,
that I think we're going to see more and more stories
about big money and reform
and I hope you'll help us ferret them out.
Thanks for all your time.
I will certainly intend to.
Thank you.
