EXCLUSIVE Is the Bad Boy of Brexit Reforms most unreformed candidate? Hes a millionaire who says older people have way too much money. Now Arron Banks is standing to be a Farage mayor...

Arron Banks was watching a cricket match in South Africa with a glass of white wine in hand when Nigel Farage called to ask him if he would be prepared to stand as Reforms candidate for mayor of the West of England.

Arron Banks was watching a cricket match in South Africa with a glass of white wine in hand when Nigel Farage called to ask him if he would be prepared to stand as Reforms candidate for mayor of the West of England.

The proposal made sense on a number of grounds. Bristol is the city where Banks made his fortune as an insurance magnate and he and Farage had a relationship that went back to the heady days of the Brexit campaign when he had bankrolled Farages then party, Ukip, to the tune of £1 million.

Banks didnt hesitate: When the boss phones you and says "Youve got to do it", youve got to do it, right?

But Farage may have cause to rue the day he recruited the author of The Bad Boys Of Brexit, Tales Of Mischief, Mayhem & Guerrilla Warfare In The EU Referendum Campaign, a scurrilous memoir of Bankss role in the Leave movement.

In a little-noticed interview in South Africa, where Banks has business interests, the maverick businessman said: We have had a few issues [in the] last couple of weeks with big political egos getting in the way of each other, but that is politics.

It was a reference to the incendiary row sparked last month when the Mail published an interview I conducted with Reform MP Rupert Lowe, the multimillionaire former chairman of Southampton FC, in which he described Farage as the messianic leader of a protest party.

Banks moved on to comment on Donald Trump and the global trade war caused by his tariffs. And what he said will surely alarm the Reform leadership.

Challenged about the chaos in the international markets, Banks said: Who gives a rats arse about the stock market? I dont. Its just a weighing system for sentiment. Most asset prices in the world are over-priced.

Arron Banks, pictured, was watching a cricket match in South Africa with a glass of white wine in hand when Nigel Farage called to ask him if he would be prepared to stand as Reforms candidate for mayor of the West of England

Arron Banks, pictured, was watching a cricket match in South Africa with a glass of white wine in hand when Nigel Farage called to ask him if he would be prepared to stand as Reforms candidate for mayor of the West of England

Banks didnt hesitate: When the boss phones you and says

Banks didnt hesitate: When the boss phones you and says "Youve got to do it," youve got to do it, right?

If you are a kid in London, you cant possibly buy a house because its ridiculously over-priced. Maybe we need a bit of harsh realignment. Generally, you have got older people, they have got way too much money and younger people have got absolutely nothing.

Maybe it needs a damn good shake-up. Every so often the world needs to be taken by the scruff and given a bloody good shake. I think that is what Trump is doing.

The assertion by Banks that older people have way too much money will dismay Reform strategists. 

An analysis of voting at the last election showed that 58 per cent of Reform voters are over the age of 50, while 30 per cent are over 60 – exactly the demographic that is likely to be most disturbed by Bankss words.

The interview couldnt surface at a worse time for Reform, coming as it does after the weeks of turmoil that followed Farages decision to suspend Rupert Lowe, one of Reforms roster of five MPs.

With Reform set to fight the first parliamentary by-election since Labours landslide victory last July in the Cheshire constituency of Runcorn on May 1, the last thing the party needs is a big beast like Banks going off-message – after all, hes not so much a loose cannon as a loose howitzer.

The contest was triggered by the resignation of the Labour MP Mike Amesbury, who pleaded guilty to assault following a late-night drinking session.

At the General Election, Reform came second in Runcorn, which is why Farage has high hopes of capturing the seat.

Banks, pictured, made his fortune as an insurance magnate and he and Farage had a relationship that went back to the heady days of the Brexit campaign when he bankrolled Farages then party, Ukip, to the tune of £1 million

Banks, pictured, made his fortune as an insurance magnate and he and Farage had a relationship that went back to the heady days of the Brexit campaign when he bankrolled Farages then party, Ukip, to the tune of £1 million

The interview couldnt surface at a worse time for Reform, coming as it does after the weeks of turmoil that followed Farages decision to suspend Rupert Lowe, pictured, one of Reforms roster of five MPs.

The interview couldnt surface at a worse time for Reform, coming as it does after the weeks of turmoil that followed Farages decision to suspend Rupert Lowe, pictured, one of Reforms roster of five MPs.

Reform are also frontrunners in the battle for the West of England mayoralty, the post to be contested by Banks. 

The race was dramatically thrown wide open last week when outgoing mayor Dan Norris, a Labour MP, was arrested over allegations of rape and child sex offences.

The crucial question is whether Bankss electoral performance will be damaged by the controversy that has enveloped the party since Lowe was ejected.

There had been simmering tensions between Farage and Lowe even before my bombshell interview brought things to a head.

The Great Yarmouth MPs hardline demands for the deportation of all illegal migrants alarmed the high command, and relations deteriorated further when Elon Musk, Trumps notorious First Buddy, declared that Farage doesnt have what it takes to be Reform leader and floated Lowe as an alternative.

The row reached new heights when Reform chairman Zia Yusuf triggered what his colleagues have described as a nuclear solution by calling in the police over his allegation that he had been threatened with physical violence by Lowe last December.

Im told that Farage and his allies were appalled by Yusufs decision to involve the police, not least because it triggered hundreds, if not thousands, of resignations of party members.

Yusuf is now expected to pay a heavy price for the chaos which has engulfed the party since the interview. Some say he could be out of a job after the May elections.

The Great Yarmouth MPs hardline demands for the deportation of all illegal migrants alarmed the Reform high command, and relations deteriorated further when Elon Musk, Trumps notorious First Buddy, declared that Farage doesnt have what it takes to be Reform leader and floated Lowe as an alternative

The Great Yarmouth MPs hardline demands for the deportation of all illegal migrants alarmed the Reform high command, and relations deteriorated further when Elon Musk, Trumps notorious First Buddy, declared that Farage doesnt have what it takes to be Reform leader and floated Lowe as an alternative

The row reached new heights when Reform chairman Zia Yusuf, pictured, triggered what his colleagues have described as a nuclear solution by calling in the police over his allegation that he had been threatened with physical violence by Lowe last December

The row reached new heights when Reform chairman Zia Yusuf, pictured, triggered what his colleagues have described as a nuclear solution by calling in the police over his allegation that he had been threatened with physical violence by Lowe last December

Farage and his allies were reportedly appalled by Yusufs decision to involve the police, not least because it triggered hundreds, if not thousands, of resignations of party members

Farage and his allies were reportedly appalled by Yusufs decision to involve the police, not least because it triggered hundreds, if not thousands, of resignations of party members 

Yusuf, a businessman who gave £200,000 to Reform last year, was handpicked by Farage to be the partys chairman, with a brief to professionalise the party. 

Whether his attempts to do so have worked, we will see on May 1, which is a doubly significant date as it is also the day county council elections will be held across the country.

At the General Election, Farage admitted Reform had problems with some bad apple candidates over racist and homophobic comments. 

Last month, however, he claimed Reform had turned a corner: Weve been vetting, I bet, to a standard that no other party has ever done before for local council elections.

But has anything changed? Last week, the party suspended Buckinghamshire candidate Miriam Thomas after offensive social media posts came to light.

A day earlier, it had emerged that Stephen Hartley, who was standing as a Reform candidate in the Oxfordshire County Council election, had defended serial paedophile Jimmy Savile. 

In a social media post in 2022 Hartley said Savile was an innocent man and a working-class hero and even suggested the paedophile was his role model.

So what of the Reform candidate in the Runcorn parliamentary by-election? The partys hopes rest on former Tory councillor Sarah Pochin. Yet, bizarrely, within hours of being selected, Pochin mysteriously deleted her X/Twitter account.

At the General Election, Farage admitted Reform had problems with some bad apple candidates over racist and homophobic comments

At the General Election, Farage admitted Reform had problems with some bad apple candidates over racist and homophobic comments

Unfortunately for her, Ive seen some of the tweets she erased. These include photos of her posing with drag queens who had participated in Drag Queen Story Hour, book-readings for children in primary schools, that are bound to incense many Reform members.

Another tweet, dating back to her days as Tory Mayor of Cheshire East in May 2022, referred to her pleasure in supporting an event for Afghan and Syrian refugees who have settled in the county. 

Such a view is unlikely to chime with members of a party which sees immigration control as a key element of its political strategy.

Last year Pochin, who has served as a magistrate for two decades, was even criticised by Labour for her leniency towards a single mother who was more than twice the drink-drive limit at Christmas when her car collided with a fence.

The defendant, who appeared at Crewe Magistrates Court last December, escaped with a fine after Pochin told her: No one was hurt. Do not be too hard on yourself. It is what it is.

A Reform spokesman said of the case: Having been a magistrate for 20 years, Sarah believes in the power of second chances.

Theres no doubt many members of Reform object to the way Lowe was treated. The newly formed campaign group Independent Britain, which is made up of around 200 former Reform members and candidates who quit in protest over Yusuf and Farages leadership style, is campaigning in the Runcorn by-election for the Tory candidate Sean Houlston.

Meanwhile Yusufs allegedly heavy-handed management of the party is estranging many grassroots members. At least a dozen local chairmen have quit over the conduct of the partys leadership in recent weeks.

Meanwhile Yusufs allegedly heavy-handed management of the party is reportedly estranging many grassroots Reform members

Meanwhile Yusufs allegedly heavy-handed management of the party is reportedly estranging many grassroots Reform members

A Reform UK spokesman said the resignations amounted to 2 per cent of its branch chairmen. Our understanding is that the other parties have much higher churn than that.

The spokesman also claimed that Yusufs decision to report Lowe to the police on the very same day that my interview with him appeared in the Mail was coincidental.

However, only yesterday, Yusufs problems continued to mount. Reforms former London Mayoral candidate Howard Cox told the Guido Fawkes political news website: My inboxes are now flooded with grassroots Reformers who are incredibly upset and feel that their political optimism for our country has been betrayed.

The elections on May 1 represent a golden opportunity for Reform to establish itself as a serious alternative to the Tories.

Labour has lost 37 councillors in by-elections since the General Election. The Conservatives have gained 23 and Reform 13.

If Nigel Farages candidates dont do considerably better next month, he may rue the day his chairman set the rozzers on Rupert Lowe.