The Metropolitan Police are investigating donations of up to £500,000 to a company controlled by Reform UK’s deputy leader Richard Tice. Britain Means Business – a fundraising vehicle – gave the party two payments of £250,000 in the run-up to the 2024 general election, The Times reported.
Donor connection to convicted fraudster
Mr Tice has previously said the money was paid to his company by donor Fiona Cottrell, who is the mother of convicted fraudster George Cottrell. She is believed to have given £1million to Britain Means Business in June 2024, a month before the general election, and half of that money was then given to Reform. As first reported by the BBC, police are examining the transactions involving Mr Tice’s company. Reform’s bank account was reportedly frozen during the last election following the donations.
Reform UK response
Mr Tice said: “The BBC article is the first I have heard of it – if true why are the Met Police briefing the BBC before contacting interested parties? “Is the Met leadership now engaged in the widespread politically motivated smear campaign against Reform and its leaders? “Please remember the National Crime Agency is now having to investigate its own potential criminal offences against Reform leaders.” A Reform UK spokesman said: “Reform takes pride in its stringent vetting of donations and always ensures that the Electoral Commission guidelines on donations, as set out in the Political Parties, Elections and Referendums Act 2000, are strictly followed, as has been the case with donations so far.”
Met Police statement
The Met said two people have so far been interviewed under caution. A spokesman for the force said: “An investigation was launched in February 2025 after a referral was made to the Metropolitan Police by the Electoral Commission relating to donations made to a political party ahead of the 2024 UK general election. “Detectives from the Met’s Special Enquiry Team are investigating alleged offences under Section 61 of the Political Parties, Elections and Referendums Act 2000. “Early investigative advice has been sought from the Crown Prosecution Service and two people have so far been interviewed under caution. No arrests have been made. “An offence under this section is not one that the Electoral Commission can investigate and, as such, it is a matter for the police.”
Labour reaction
A Labour Party spokesperson said: “The allegations of sleaze and donation scandals just continue to pile up for Reform. “Richard Tice can’t dismiss these troubling developments as a ‘smear campaign’. Police are now probing half a million pounds in donations to his party, and Reform’s bank account was frozen after suspected suspicious activity. This is extremely serious. “From Nigel Farage’s secret £5 million ‘gift’ from a crypto billionaire, to alleged hidden donations from a convicted fraudster, to Tice’s company’s avoidance of £600,000 of corporation tax – and now more police investigations into Reform’s finances – it’s clear that Reform think rules are for other people.” Reform has been dogged by questions about its funding in recent weeks. Mr Farage quit as MP for Clacton earlier this month to stand in the ensuing by-election after questions mounted about a separate £5 million gift he received from Thailand-based crypto-billionaire and Reform donor Christopher Harborne. The party leader has billed the by-election, due to take place on August 13, as a “people versus the establishment” contest.
