Breaking: “Nigel Farage’s Brexit Party is due to make an announcement tomorrow at 11am. They are expected to announce an informal non aggression pact with the Tories under Boris Johnson to fight for Brexit in Leave voting seats.
This marks a change from threatening to stand a candidate in all 650 UK constituencies.
The deposits alone eat up £300,000 and given local spending rules to compete in each seat the average permissible spend is £10,000 per seat so that is £6 million. On top of that parties can spend up to 3 times that nationally.