Organisers of a campaign to pay for Big Ben to ring out to mark Brexit have admitted defeat, saying they failed to persuade the House of Commons authorities to allow the bell to ring.

The appeal raised £272,770, fuelled by Boris Johnson's suggestion that "we are working up a plan so people can bung a bob for a Big Ben bong".

But no such plan existed and the House of Commons Commission estimated that the cost of bringing the bell back into use could be as much as £500,000.

The fundraising drive, led by Stand Up 4 Brexit and Tory MP Mark Francois on the GoFundMe website, was cancelled at noon on Monday, with the money raised now being donated to the Help for Heroes military charity.

Big Ben is currently undergoing renovations. Credit: Adrian Dennis/AFP via Getty Images

Mr Francois said the campaign received more than 14,000 donations from 56 countries in under a fortnight.

"The response from the British people has been fantastic and we are deeply grateful to everyone who donated," the former minister said.

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"However, having made final attempts over the last several days to persuade the House of Commons authorities that Big Ben should chime, we regret to report that we have been unsuccessful and therefore we feel we can no longer ask people to donate.

"We officially closed the fund at noon today."

He added that "even though Big Ben will regrettably not chime for Brexit" many people "will be celebrating the fact that we become a free country again" at 11pm on January 31.

That was "the greatest prize of all", he said.

Bid to get Big Ben to bong for Brexit is binned as organisers admit defeat