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Ex-Tory tycoon backs UKIP European elections campaign Tycoon Paul Sykes backs UKIP European election campaign
(35 minutes later)
One of the UK's wealthiest men has pledged "whatever it takes" to ensure the UK Independence Party triumphs in the 2014 European Parliament elections.One of the UK's wealthiest men has pledged "whatever it takes" to ensure the UK Independence Party triumphs in the 2014 European Parliament elections.
Eurosceptic Paul Sykes said UKIP was the "last best hope for Britain" and he would help fund its election campaign.Eurosceptic Paul Sykes said UKIP was the "last best hope for Britain" and he would help fund its election campaign.
Mr Sykes, who has formerly backed the Conservatives, made donations to UKIP between 2001 and 2004. His latest funds will pay for UKIP's advertising.Mr Sykes, who has formerly backed the Conservatives, made donations to UKIP between 2001 and 2004. His latest funds will pay for UKIP's advertising.
UKIP leader Nigel Farage said Mr Sykes' backing was a "significant boost".UKIP leader Nigel Farage said Mr Sykes' backing was a "significant boost".
Mr Sykes, who is estimated to have a fortune of around £650m, has given no indication of how much he is prepared to donate on this occasion, but said he believed the European elections were "the one last chance to stop the gradual erosion of our national independence".Mr Sykes, who is estimated to have a fortune of around £650m, has given no indication of how much he is prepared to donate on this occasion, but said he believed the European elections were "the one last chance to stop the gradual erosion of our national independence".
"If, as I hope and believe, UKIP score a stunning national victory, then the leaders of the other main parties will have no choice but to abandon their slavish support for the EU," he said in a statement."If, as I hope and believe, UKIP score a stunning national victory, then the leaders of the other main parties will have no choice but to abandon their slavish support for the EU," he said in a statement.
'Earthquake''Earthquake'
"Nigel Farage and UKIP are the last best hope for Britain. I am prepared to do whatever it takes to propel them to victory next year.""Nigel Farage and UKIP are the last best hope for Britain. I am prepared to do whatever it takes to propel them to victory next year."
Mr Farage said Mr Sykes had a "long record of defending British democracy" and his donation would help his party cause an "intended earthquake" in British politics.Mr Farage said Mr Sykes had a "long record of defending British democracy" and his donation would help his party cause an "intended earthquake" in British politics.
UKIP has reached unprecedented heights in the opinion polls under Mr Farage, coming second in the European elections in 2009 and winning hundreds of seats in May's local elections.UKIP has reached unprecedented heights in the opinion polls under Mr Farage, coming second in the European elections in 2009 and winning hundreds of seats in May's local elections.
The party currently has 13 seats in the European Parliament after winning around 16.5% of the vote in 2009, pushing Labour into third place.The party currently has 13 seats in the European Parliament after winning around 16.5% of the vote in 2009, pushing Labour into third place.
But, at the 2010 general election, support dwindled to 3.1% and UKIP did not win a Westminster seat.But, at the 2010 general election, support dwindled to 3.1% and UKIP did not win a Westminster seat.
Mr Sykes was previously a strong supporter and backer of the Conservatives under Margaret Thatcher in the 1980s but broke with the party in 1991 over John Major's stance on the Maastricht Treaty.Mr Sykes was previously a strong supporter and backer of the Conservatives under Margaret Thatcher in the 1980s but broke with the party in 1991 over John Major's stance on the Maastricht Treaty.
In the 1997 general election, he selectively funded individual eurosceptic candidates.In the 1997 general election, he selectively funded individual eurosceptic candidates.
In 2000 he briefly returned to the Tory fold under William Hague, only to be expelled the following year over his hardline views on Europe.In 2000 he briefly returned to the Tory fold under William Hague, only to be expelled the following year over his hardline views on Europe.
Mr Sykes is reported to have given millions of pounds to various eurosceptic causes over the years.Mr Sykes is reported to have given millions of pounds to various eurosceptic causes over the years.