Farage Steps Down as MP After Not Reporting £5M Gift

Nigel Farage didn't report a £5 million gift from a Thailand-based crypto billionaire, received in April 2024. Rules say new MPs must disclose gifts from the past year. In May 2026, Parliament's rule-keeper launched a formal investigation. Farage quit as MP and is running again in a special new election in Clacton. He calls the scrutiny a coordinated "pile-on."