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Top 10 donors who bankrolled UKIP in 2014

by LLB Editor
17th Dec 14 10:05 am

Nigel Farage’s party has raised over £3m this year

In October this year, UKIP leader Nigel Farage was fined £200 for failing to declare a donated office to the Electoral Commission.

In response to the fine, the commission said it was “satisfied that there had been no intent to hide the donations”.

Farage may not have meant to hide the donation, but he could be forgiven for struggling to keep up with the amount of cash (and non-cash contributions) pouring in to support UKIP.

In 2013, UKIP earned £2,479,314, of which donations accounted for £1,373,031.

This year’s donations have topped £3m already, with Daily Express owner Richard Desmond pledging £300,000 to UKIP in December.

So who’s bankrolling UKIP?

We added up donations for 2014.

Take a look:

1. Highstone Group Ltd, owned by Paul Sykes

Amount: £1.32m

When: Donations staggered throughout the year

Paul Sykes

Paul Sykes, UKIP’s largest donor, donated over £1.3m through his Harrogate-based property firm Highstone Group Ltd. According to the Electoral Commission, the donations were mostly non-cash and were made in the form of advertising. Known to be worth over £650m, he has contributed more than £4m to the party over the years through his company.

He’s previously told MailOnline: “I’ve no interest in piling up money for the sake of it. What’s the point? I could give it all away tomorrow. But I’m not a mug that’s just handed over a chunk of money to UKIP — I am properly involved.”

2. Arron Banks

Amount: £1m

When: October

Arron Banks

Former Conservative supporter Arron Banks forked out a million pounds as gift to UKIP after saying he just intended to give £100,000. The big donation was given as an answer to former Foreign Secretary William Hague, who had called Banks a “nobody”.

At the time, Banks said: “I woke up this morning intending to donate £100,000 to UKIP and I understand Mr Hague called me a nobody.

“So, in light of that and because I am a strong advocate of leaving the European Union, I have decided today to donate £1m to the party and not the £100,000 we originally agreed.”

3. Richard Desmond, Daily Express owner

Amount: £300,000

When: December

Richard Desmond

Daily Express owner Richard Desmond donated a six-figure sum to UKIP earlier this month. Nigel Farage reportedly discussed the donation in a private meeting a few months back.

A source at the time told The Guardian: “Desmond thinks backing UKIP will be good for the papers commercially. The word is that Farage has offered him a peerage if it all works out, and this, even more than money and the respect of London’s Jewish community, is what he craves now.”

4. Stuart Wheeler, spread-betting tycoon

Amount: £199,500

Stuart Wheeler

Founder of spread betting firm IG Index, Wheeler donated a generous £5m to the Tories in 2001. In 2009, he donated £100,000 to UKIP. This angered Cameron, who ousted the spread betting tycoon from the party.

This year, Wheeler has donated almost £200,000 to UKIP. Here’s a breakdown:

January – £2300 (£800 non-cash, £1,500 cash)

February – £150,000 (cash)

March – £45,000 (cash)

April – £1,200 (non-cash)

May – £1,000 (cash)

5. Growth Financial Services Ltd

Amount: £85,000

When: February, April and September

Why: Based in Mayfair, Growth Financial Services Ltd stumped up £30,000, £50,000 and £5,000 towards UKIP donations in February, April and September respectively.

The financial advisors do not have a website. According to Buzzfeed UK, the company is a sister company to Harwood Capital Management Limited, a hedge fund.

Harwood’s managing partner Christopher Mills is worth £200m, according to the 2013 Sunday Times rich list.

6. Mura Estates, London property developer

Amount: £65,000 (£35,000 non-cash, 30,000 cash)

When: February

Mura Estates

Shoreditch-based Mura Estates are working on residential developments in east London. Their current projects include 213-217 Bow Road, a development of 36 apartments in three buildings.

The developers have kept a low-profile about their donation by not commenting on it in the past.

7. Robin Birley, club owner

Amount: £55,000

When: February and March

Robin Birley

Birley made two cash donations worth £25,000 each in February and March this year. He then made a further cash donation of £5,000 in September this year.

Birley, who owns Gloucester Square members-only club  Annabel’s, pledged support to UKIP despite being Conservative MP Zac Goldsmith’s half-brother.

8. Bown Properties Ltd

Amount: £53,370

When: January, June and July

Why: Bown Properties provide estate management services in Gravesend. They don’t have a website so details for the reasons of their donation remain unknown.

Breakdown of Bown Properties Ltd’s donation:

January – £4,200 (non-cash, consultancy services)

January – £40,000 cash

June – £770 (non-cash, advertising)

July – £8,400 (non-cash, consultancy services)

9.  Derek Clark

Amount: £44,665

When: March, April, May, June

Derek Clark

Derek Roland Clark is a member of UKIP and of the European Parliament for the East Midlands. He stood as a UKIP candidate in the 2010 general election for Northampton South.

Clark made four donations to UKIP this year. Here’s a breakdown:

March – £20,000 (cash)

April – £2,030 (non-cash)

May – £2,635 (non-cash)

June £20,000 (cash)

10. RMPI LLP, legal advice firm

Amount: £36,062

When: February, March, May, April


RMPI LLP is an independent legal advice to victims of accidents. Based in Mayfair, they donated £9,015 each over the course of the year.

UKIP hasn’t commented on the donation.


Now read:

How rich is Nigel Farage?

Nigel Farage salary as MEP

Related Files

UKIP donations in 2014

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