
Richard Tice
Reform UK Deputy Leader; MP for Boston and Skegness since 2024; real-estate businessman.
Richard Tice defended a £5 million personal gift to Nigel Farage as unconditional when the Standards Commissioner opened an inquiry in May 2026, then saw banks flag a separate £1 million payment from donor Fiona Cottrell to a company he runs.
Last refreshed: 3 August 2026 · Appears in 1 active topic
Why is Richard Tice defending a £5 million gift to Farage as unconditional?
Timeline for Richard Tice
Complained over the leak of his bank data
UK Local Elections 2026: Crime agency to investigate its own data leakReceived the transaction flagged to the National Crime Agency
UK Local Elections 2026: Banks flag £1m Cottrell payment to NCADefended the £5m Harborne gift as unconditional
UK Local Elections 2026: Standards probe opens on Farage £5m giftFramed the £5 million as unconditional personal gift for lifetime security costs
UK Local Elections 2026: Standards opens Farage £5m gift inquiryBackground
Richard Tice is Deputy Leader of Reform UK and MP for Boston and Skegness, a seat he won at the July 2024 general election. He rose to prominence through the Leave Means Leave campaign ahead of the 2016 referendum, co-founded the Brexit Party in 2019, and served as its leader from 2021 to 2023 while Farage was absent from frontline politics. He built his business career in commercial real estate through CLS Holdings and various property investment vehicles.
He defends Farage's undeclared gift
When the Parliamentary Commissioner for Standards opened a formal investigation on 13 May 2026 into whether Nigel Farage failed to declare a £5 million personal gift from donor Christopher Harborne, Richard Tice publicly defended the arrangement as an 'unconditional personal gift' requiring no declaration.
His defence has become central to Reform UK's public position on the inquiry, which runs alongside separate Electoral Commission and FCA scrutiny of the same donor's roughly £37 million combined footprint across the party, its Brexit Party predecessor and Farage personally.
A Cottrell payment reaches his own company
Banks separately flagged a £1 million transaction from Reform donor Fiona Cottrell to a company Tice runs, reporting it to the National Crime Agency over anti-money-laundering rules on 10 July 2026. A bank referral is a routine compliance report triggered when a transaction crosses an internal risk threshold, not a finding of wrongdoing, and no charge or allegation has been made against either Tice or Cottrell.
The NCA subsequently referred itself to the police watchdog on 24 July over a leak of the same Reform donor banking data; the watchdog returned the matter for local investigation by the agency's own Professional Standards Unit rather than opening an outside inquiry.