Ex-Tory gives £1m to UKIP following William Hague insult
Posted: Wed Oct 01, 2014 10:28 pm
A millionaire ex-Tory donor has become the latest Conservative to announce he is backing Ukip in a fresh blow to David Cameron.
As the Prime Minister prepares to give his final conference speech before the general election today, insurance guru Arron Banks has revealed he is to present a £1,000,000 donation to Nigel Farage.
He originally pledged 100,000 to the party but at a press conference this evening, he revealed he would be dramatically increasing his donation after William Hague called him a "nobody".
Mr Banks, who runs GoSkippy insurance, said: "I woke up this morning intending to donate £100,000 to Ukip and I understand Mr Hague called me a nobody.
"So, in light of that and in view that I am a strong advocate of leaving the European Union, I have decided today to donate £1 million to the party and not the £100,000 we originally agreed."
Mr Banks was accompanied by Mr Farage and party chairman Steve Crowther when he made the announcement at a press conference at a country hotel near Bristol.
He has previously donated tens of thousands of pounds to the Conservatives.
