Simon Galbraith says Rupert Lowe’s party can ‘spark a British renaissance’ if it gets into power

• UK politics live – latest updates

The hard-right Restore Britain party has got its first major donation of £500,000 from an IT entrepreneur in a sign it may continue to pose a threat to Nigel Farage’s Reform UK.

Rupert Lowe, an MP who left Reform UK before starting his own party, announced on Tuesday that the British businessman Simon Galbraith had contributed two donations of £250,000 this year.