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Reform UK receives £100,000 donation from design firm that faced winding-up petition

about 12 hours ago
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Nigel Farage’s Reform UK has received a £100,000 donation from a design and architecture firm that faced a winding-up petition from the tax authorities earlier this year.The party, which is leading in the polls, has been raising money from a wider range of private sources in recent months, with its treasurer, Nick Candy, talking of targeting high net worth individuals both in the UK and in low-tax jurisdictions.Farage has also been challenged over his own tax affairs after it emerged his Clacton constituency home was bought by his partner, Laure Ferrari, in a move that meant a higher rate of stamp duty was not paid.Farage has said his partner bought the house with her own money for security reasons.It can now be revealed that the £100,000 donation was made in three tranches in June this year from a company called Interior Architecture Landscape, which was originally set up in 2013 by a British Virgin Islands-based company of the same name.

Its current sole owner is listed as a British company director called John Richard Simpson,It describes itself as “one of London’s leading luxury interior designers” but had no contact details on its website until approached by the Guardian through its accountancy firm in Chiswick, and uses stock images to illustrate examples of projects it has worked on in London, from Hampstead Heath to Mayfair,The firm had assets of £99,000 and a tax liability of more than £200,000 due within a year when its last accounts were filed for the year ending January 2024, according to Companies House,It has twice been the subject of strike-off attempts by Companies House after late filing of its accounts and was subject to a winding-up petition by HM Revenue and Customs in March this year,A winding up petition is brought as a measure of last resort by HMRC, whose website says: “We will only apply to the courts to make a person or company insolvent as a final course of action, after we have considered all other ways to recover a debt.

”A spokesperson for Interior Architecture Landscape, through its accountancy firm, said the HMRC winding-up petition arose from a dispute that had now been settled.He said the company’s ultimate beneficial owner was stated by Companies House, and that the 2024 accounts figure for its assets did not reflect this year’s accounts which were yet to be filed.The spokesperson said the company had a wide range of clients, and that its use of stock images was for illustrative purposes only, which he said was common practice across the design and architecture sector.He also said the firm had no links to the British Virgin Islands.The spokesperson said: “Interior Architecture Landscape Ltd is a UK-registered business carrying on legitimate trade and complies fully with all UK legal and regulatory requirements.

” Asked about the company’s ownership and tax position, a Reform UK spokesperson said: “Reform carried out all required checks and confirmed that the donor was a permissible source being a UK registered company carrying out business in the UK,“Reform comply at all times with their obligations under the PPERA [Political Parties, Elections and Referendums] Act 2000 and with all other relevant regulatory and compliance directives,”Reform UK has been raising substantial amounts of money since rising in popularity,It has been given £500,000 by Candy, a property developer and the party’s honorary treasurer, and more than £400,000 from the party’s policy chief, Zia Yusuf,Sign up to First EditionOur morning email breaks down the key stories of the day, telling you what’s happening and why it mattersafter newsletter promotionOther major contributors include Fiona Cottrell, the mother of Farage’s close aide George Cottrell, who has given £750,000, and billionaire Bassim Haidar, a former Tory donor who has given £225,000.

Reform’s other donations this summer included £100,000 from Johan Christofferson, a hedge fund manager and foxhunting enthusiast who previously gave money to Boris Johnson, and £50,000 from R20, an investment vehicle linked to property tycoon Robert Tchenguiz, another former Conservative donor,Farage’s party also accepted £100,000 from Greybull Capital which bought struggling British Steel in 2019 before selling it to the Chinese company Jingye later that year,The best public interest journalism relies on first-hand accounts from people in the know,If you have something to share on this subject, you can contact us confidentially using the following methods,Secure Messaging in the Guardian appThe Guardian app has a tool to send tips about stories.

Messages are end to end encrypted and concealed within the routine activity that every Guardian mobile app performs,This prevents an observer from knowing that you are communicating with us at all, let alone what is being said,If you don't already have the Guardian app, download it (iOS/Android) and go to the menu,Select ‘Secure Messaging’,SecureDrop, instant messengers, email, telephone and postIf you can safely use the Tor network without being observed or monitored, you can send messages and documents to the Guardian via our SecureDrop platform.

Finally, our guide at theguardian.com/tips lists several ways to contact us securely, and discusses the pros and cons of each.This article and its subheading were amended on 19 September 2025.The name of the firm that gave Reform a £100,000 donation is Interior Architecture Landscape, not Interior Design Landscape as an earlier version said.
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UK borrowing hits five-year high for August at £18bn

UK government borrowing rose to a five-year high in August, official figures show, fuelling growing expectations for Rachel Reeves to raise taxes at the autumn budget.Figures from the Office for National Statistics (ONS) showed public sector net borrowing – the difference between public spending and income – rose to £18bn in August, £3.5bn more than in the same month a year earlier.Dealing a blow for the chancellor as she prepares for the 26 November budget, the reading was above City predictions for a deficit of £12.75bn and forecasts from the Office for Budget Responsibility (OBR) of £12

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about 10 hours ago
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The Bank of England has announced that it will scale back its multibillion-pound “quantitative tightening” programme.The process is significant for the UK economy and the public finances. But how will it work?The process is the opposite of quantitative easing – the tool used by the world’s most powerful central banks during the 2008 financial crisis.Often referred to as “printing money”, QE involved central banks buying bonds from financial institutions, such as commercial banks and pension funds. This helped to push down yields – in effect the interest rate – on bonds, lowering borrowing costs and supporting economic activity

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Bank’s interest rate vote and bond plans are little help to Reeves before budget

“Gradual” and “predictable” are the watchwords at the Bank of England. But for Rachel Reeves, preparing for a tough autumn budget, a more activist approach from Threadneedle Street could have helped.The central bank had two pieces of bad news for the chancellor on Thursday: borrowing costs would be left unchanged at the current elevated level, while the Bank would proceed with a plan to sell billions of pounds in UK government bonds.Both decisions had been widely expected in financial markets. But an alternative outcome was not outside the realms of possibility and could have helped bail out the Treasury a little before the autumn budget

1 day ago
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