The two donations increase the total sum of money pledged to Reform since Friday to $97m.

A second British billionaire has made a record donation of almost $49m to the far-right Reform UK party, matching the amount pledged by another businessman the day before.

Writing in the Daily Telegraph British newspaper on Saturday, donor Christopher Harborne said the $48.7m (£36m) donation was a “philanthropic gift” to the country, adding that he felt “inspired” to match the contribution made by fellow billionaire Ben Delo 24 hours earlier.

Sixty-three-year-old Harborne is a Thailand-based cryptocurrency investor and Delo, 42, is the co-founder of the BitMEX…