Southern Rock owner to present UKIP leader Nigel Farage with cheque

Southern Rock owner Arron Banks has switched his political allegiance to Ukip from the Conservatives.

He will present a £100,000 cheque to UKIP leader Nigel Farage today.

Banks had previously donated tens of thousands of pounds to the Conservative Party.

He said:“I’ve supported the Conservatives for a number of years but have come to the realisation that only UKIP supports my views.”

He added: “Being a member of the EU is like having a first-class ticket on the Titanic. Economically, remaining in the EU is unsustainable.”

“Economically, remaining in the EU is unsustainable. We are being dragged down to the lowest common denominator of financial growth when we should be looking to trade worldwide and should be basing our future prosperity on a long term global outlook. The Conservative party try to sell us the myth that EU reform is achievable when frankly all Cameron can offer is tinkering around the edges. He is not even able to bring himself to say that he would support UK exit if his supposed reforms do not work.”

Topics