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Reform UK denies donor and crypto-billionaire’s global interests in arms and military could present a conflict of interest over its defence spending policy

As he struggles with questions about the millions he has received from the billionaire Christopher Harborne, Nigel Farage has made no secret of his enthusiastic support for the industry that made part of his benefactor’s fortune – cryptocurrency. The Reform UK leader even urged the governor of the Bank of England to drop a crypto policy that may be costly for Harborne.

But another element of Harborne’s business interests could prove still more consequential if it shapes Farage’s positions. There appears to be no precedent for a major UK donor who is so entwined with the military.