Banks chose UKIP for EU policy

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Ex-Brightside chief supports UKIP policy to leave the EU due to its “disastrous” decisions on insurance market.

In his first full interview since switching from supporting the Conservative party to backing UKIP, Arron Banks has told Insurance Age that his decision was a business one and taken because he supports its policy of leaving the EU.

It was revealed this morning that Banks, who has given £250,000 to the Conservative Party since 2005, was changing allegiance and would now be donating £100,000 to UKIP.

The former Brightside chief commented: "I support leaving the EU and that's why I have done what I

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