Reform UK’s largest donor has been named as its new chairman in a leadership shake-up that aims to “professionalise” the party.
Zia Yusuf founded luxury concierge service app Velocity Black before selling it for £233 million last year, making around £31 million. He previously worked for Goldman Sachs in London.
He has vowed to bring expertise, energy and passion to the role, saying “this is just the beginning”.
Writing on X following the announcement, he praised Nigel_Farage's leadership, which he said helped the “people’s movement” win four million votes, 14 per cent of the vote, elected five MPs with 98 second places.
“This is just the beginning. The important work of professionalising the party, building national infrastructure and continuing to grow membership has already begun,” he said.
“I will bring all my expertise, energy and passion to the role to ensure we achieve our mission of returning Britain to greatness.”
Speaking to the BBC earlier this year, he said he believed the country had “lost control of our borders” and that the UK needed a “grown-up discussion about immigration without name-calling”.
Mr Yusuf, who describes himself as a British Muslim patriot and is a vocal supporter of Reform's immigration policy as well as being a party donor, is himself the child of immigrant parents, who moved to the UK from Sri Lanka legally in the 1980s.
In other Reform changes, Richard Tice moves from the role of chairman to become deputy leader, replacing Ben Habib, while Lee Anderson will become the chief whip.
Mr Farage said: “These appointments are the first step to ensure that Reform UK is fit and ready to take forward its positive message.
“I have no doubt that we will professionalise the party and change politics for good.”
New deputy leader Mr Tice said he is “delighted” at Mr Yusuf's appointment.
He said: “We plan to expand our operation and infrastructure at pace from here, and having someone of Zia's experience and highly successful track record is fantastic news.”
Reform returned five MPs in last week's election but Mr Habib was one of the hundreds of unsuccessful candidates, finishing third in the Wellingborough and Rushden seat.
Writing on X, Mr Habib said: “I have just been informed by Nigel Farage that Richard Tice is taking over as deputy leader of the party.
“Consequently I no longer hold that position.
“I am considering my position more generally in light of this change.
“I have long held concerns about the control of the party and the decision making processes. I will reflect on all of this.”
Reform faced criticism over their election campaign due to racist comments made by their candidates, several of whom were dropped before polling day.
Mr Anderson, the MP for Ashfield, is the party's only returning MP after defecting to Reform from the Conservatives earlier this year.
He said: “Using my experience of the twists and turns of Parliamentary life and procedure to ensure that our team is focused and delivers for our constituency and the more than four million voters will be a great honour and pleasure.
“The fox is in the henhouse.”
In numbers: PKK’s money network in Europe
Germany: PKK collectors typically bring in $18 million in cash a year – amount has trebled since 2010
Revolutionary tax: Investigators say about $2 million a year raised from ‘tax collection’ around Marseille
Extortion: Gunman convicted in 2023 of demanding $10,000 from Kurdish businessman in Stockholm
Drug trade: PKK income claimed by Turkish anti-drugs force in 2024 to be as high as $500 million a year
Denmark: PKK one of two terrorist groups along with Iranian separatists ASMLA to raise “two-digit million amounts”
Contributions: Hundreds of euros expected from typical Kurdish families and thousands from business owners
TV channel: Kurdish Roj TV accounts frozen and went bankrupt after Denmark fined it more than $1 million over PKK links in 2013
'Panga'
Directed by Ashwiny Iyer Tiwari
Starring Kangana Ranaut, Richa Chadha, Jassie Gill, Yagya Bhasin, Neena Gupta
Rating: 3.5/5
Why it pays to compare
A comparison of sending Dh20,000 from the UAE using two different routes at the same time - the first direct from a UAE bank to a bank in Germany, and the second from the same UAE bank via an online platform to Germany - found key differences in cost and speed. The transfers were both initiated on January 30.
Route 1: bank transfer
The UAE bank charged Dh152.25 for the Dh20,000 transfer. On top of that, their exchange rate margin added a difference of around Dh415, compared with the mid-market rate.
Total cost: Dh567.25 - around 2.9 per cent of the total amount
Total received: €4,670.30
Route 2: online platform
The UAE bank’s charge for sending Dh20,000 to a UK dirham-denominated account was Dh2.10. The exchange rate margin cost was Dh60, plus a Dh12 fee.
Total cost: Dh74.10, around 0.4 per cent of the transaction
Total received: €4,756
The UAE bank transfer was far quicker – around two to three working days, while the online platform took around four to five days, but was considerably cheaper. In the online platform transfer, the funds were also exposed to currency risk during the period it took for them to arrive.
Afghanistan fixtures
- v Australia, today
- v Sri Lanka, Tuesday
- v New Zealand, Saturday,
- v South Africa, June 15
- v England, June 18
- v India, June 22
- v Bangladesh, June 24
- v Pakistan, June 29
- v West Indies, July 4
Top goalscorers in Europe
34 goals - Robert Lewandowski (68 points)
34 - Ciro Immobile (68)
31 - Cristiano Ronaldo (62)
28 - Timo Werner (56)
25 - Lionel Messi (50)
*29 - Erling Haaland (50)
23 - Romelu Lukaku (46)
23 - Jamie Vardy (46)
*NOTE: Haaland's goals for Salzburg count for 1.5 points per goal. Goals for Dortmund count for two points per goal.
FA Cup quarter-final draw
The matches will be played across the weekend of 21 and 22 March
Sheffield United v Arsenal
Newcastle v Manchester City
Norwich v Derby/Manchester United
Leicester City v Chelsea
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