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"Serious flaw" in management of Brexit donor Arron Banks's charity

Charity Commission finds Love Saves the Day “inadequately” managed and administered. Trustees, including Banks and other senior Leave.EU staff, failed to properly account for charitable funds.

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Arron Banks. Photo: Jonathan Brady/PA Wire/PA Images. All rights reserved.

A charity set up by Brexit backer Arron Banks has been strongly criticised by the Charity Commission. The regulator found a “serious flaw” in how the Love Saves the Day Foundation was managed and administered, with trustees including Banks and Leave.EU chief executive Liz Bilney, failing to properly account for all charitable funds.

Banks, who claims to have spent more than £8m on the campaign to leave the European Union, has become of the most controversial characters in British politics, with questions raised over everything from the size of his fortune to the extent of his links with Russia.