Nigel Farage Reports Substantial Earnings From Gold Dealership

Nigel Farage, the leader of Reform UK, has reported his largest single payment to date from an outside interest, receiving £270,000 from a gold merchant. The payment from Direct Bullion was for 12 hours of work spread over three months this year, equating to an hourly rate of £22,500.

This latest financial disclosure was included in the regular release of politicians' outside interests. It follows previous payments from the firm, including a £189,300 sum registered in January 2025. Farage is featured prominently on the website of the Mayfair-based company, serving as a brand ambassador in promotional materials, including a video where he endorses the firm.

The earnings from Direct Bullion come at a time when Farage's personal finances are under scrutiny. He continues to face questions regarding an unrelated £5 million gift he received from billionaire Christopher Harborne. Farage has previously stated that the gift, received before he declared his candidacy for Parliament in 2024, did not require registration as it was not politically connected.

He has offered various explanations for the gift, including that it was intended to cover his personal security costs or serve as a reward for his longstanding campaign for Brexit. Farage has maintained that the gift is a private matter and has declined to confirm whether any portion of it was spent on security or other expenses.

Parliament's standards commissioner is currently investigating whether Farage should have declared the £5 million gift. According to data from the House of Commons Library, the average worker in Farage's Essex constituency would need approximately eight months to earn the £22,500 hourly rate he received from Direct Bullion. The reported £270,000 payment is also nearly equivalent to the cost of an average home in his Clacton constituency.

In addition to the payment from the gold dealer, Farage's latest register entry indicates he also earned £18,402 for approximately six hours of presenting work for GB News. Reform UK has been contacted for comment on these earnings.