Almost every pair of eyes in Westminster this week is focused on the cascading chain reaction of events that seems sure to end Keir Starmer’s premiership – though whether in a matter of hours, days or weeks remains anyone’s guess.

For all that some of the Prime Minister’s remaining fans try to dismiss that story as “drama”, it is deeply consequential: the dissatisfaction of Labour MPs with Starmer could mean the country has a new prime minister by summer, with a new policy agenda that could influence the lives of everyone in the country. Sometimes, internal party drama really matters.

But there is a second British political story bubbling underneath that could prove just as consequential over the course of the next few years, and it doesn’t concern Labour at all – instead, it centres around Nigel Farage.

Just over two weeks ago, the Guardian revealed that Farage had accepted a personal gift of £5 million from Thailand-based crypto billionaire Christopher Harborne. This was only weeks before he decided to return to UK politics as leader of Reform UK........

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