Nigel Farage continues to coin it in

Life as an MP continues to rain riches for Reform leader Nigel Farage. The latest figures for his side-hustle private company show his outside earnings continue to be very healthy for a man devoted to Clacton.

Fresh from reporting a new £30,000 fee for a one-off speaking engagement in Washington, DC, Farage has quietly signed off on another set of bumper earnings at Thorn in the Side, his long-standing commercial venture.

Its updated accounts – filed at Companies House at the end of last week, amid the fallout from Reform’s loss in the Gordon and Denton by-election – reveal moneybags Farage has topped up his company coffers by £1.8 million in the wake of his election as MP for Clacton. They reported profits of £535,000 for the year to May 31, 2025, coming on top of the £1.25 million earned in 2024.

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Its latest takings – which work out at just under £11,000 per week – increase the ongoing profits held by Farage in the business to £3.1 million. Thorn in the Side is sitting on £3.4 million before bills, including £2 million in cash and £1.2 million in property – three houses on the same road in New Romney, in Kent. Farage also holds £52,000 worth of unspecified “stocks”.

Ahead of the release of the latest figures Farage updated his company’s registered office from the home of a modest accountancy firm in Essex to the grander surroundings of Reform treasurer and property magnate Nick Candy’s corporate HQ in Upper Brook Street in Mayfair.

Farage set up Thorn in the Side way back in 2011, vaguely describing the nature of its business as being “other professional, scientific and technical activities not elsewhere classified”. And its latest accounts suggest his money-making activities are unlikely to end any time soon, with the firm entering into a £10,000-a-year lease arrangement with Farage for “studio space”.

Back in the days when he was an MEP Farage used to pay around £300,000 a year into his firm. Though he has reported £1 million or so in extra-parliamentary earnings in the House of Commons’ Register of Members Interest since his election as an MP, Thorn in the Side has declined to disclose its turnover – this year or ever in any of its corporate filings.