“Billionaire no-deal Brexit backer who said ‘insecurity is fantastic’ gives £1m to Tories”

“Boris Johnson’s Tories have been handed £1m by a billionaire financier who backs a no-deal Brexit and boasted “insecurity is fantastic”.

Peter Hargreaves’ huge donation was revealed as latest figures showed the Conservatives trousered £3.6m in big-money donations in the last week – compared to just £522,000 for Labour .

The 73-year-old tycoon, who co-founded investment firm Hargreaves Lansdown and reportedly has an Embraer Legacy 500 private jet, said last year he’d bet his entire £3bn wealth that “we would get free trade” with Europe after a no-deal Brexit.

He gave £3.2m to Nigel Farage’s Leave.EU campaign in 2016.

During the referendum campaign in May 2016 he said Brexit “will be like Dunkirk again”, adding: “We will get out there and we will be become incredibly successful because we will be insecure again.

“And insecurity is fantastic.”