Billionaire property tycoon Nick Candy has pledged to raise more than £40million in donations after being appointed as Reform UK's new treasurer.

The former Conservative Party donor announced his defection to Nigel Farage's party, where he will take up the fundraising role in the new year. 

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The former Conservative Party donor announced his defection to Nigel Farage's party{ai:summary}<p>Billionaire Nick Candy has been appointed as the new treasurer of Reform UK and aims to raise over £40 million in donations. Candy, a former donor to the Conservative Party, has switched allegiance to Nigel Farage's party and will begin his fundraising efforts in the new year. </p><p>#politics</p>

WATCH: 'I’ll raise over £40 million to ensure Reform UK wins the next General Election,' says Nick Candy

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