Nigerian-lebanese Billionaire Bassim Haidar Backs Reform Uk With 1.3 Million

Bassim Haidar leaves the Conservative Party and donates 1.3 million to Reform UK, backing Nigel Farages pro-business platform.

Haidar, a former major Conservative donor, cites the partys failure to support business growth as the reason for his political shift.

Haidars donation highlights growing dissatisfaction among business leaders and strengthens Reform UKs position ahead of local elections.

Nigerian-Lebanese billionaire Bassim Haidar has made headlines with his decision to defect from the Conservative Party, donating 1 million 1.3 million to Reform UK in support of leader Nigel Farage. A longtime supporter of the Tories, Haidar is now backing Farage, whom he believes can restore the UK to its former glory.

Once one of the Conservative Partys largest donors, Haidar contributed over 700,000 0.93 million during Rishi Sunaks premiership. However, disillusioned with the party's direction, he resigned earlier this year, citing a loss of alignment with his pro-business values.

Haidars shift to Reform UK is a response to what he sees as the Conservatives' failure to maintain their commitment to business interests and fiscal policies conducive to economic growth. Ive always supported pro-business policies, and the Conservative Party has stopped listening, Haidar explained. Reform UK, led by Farage, is the only force capable of resetting the UK's political landscape. I believe this party offers a vision for a better future.

Haidars 1.3 million donation is more than just financial support it is seen as a strategic move to galvanize Reform UKs efforts in the upcoming local elections.

His significant contribution is expected to inspire other wealthy individuals to follow suit, potentially shifting the political dynamics. In addition to his monetary commitment, Haidar believes that Farages policiesparticularly on taxation and business investmentalign with his vision for a prosperous UK.