Reform UK leader Nigel Farage has revealed he is giving up ownership of the party ahead of its conference this weekend.Unlike most political parties, Reform was established as a private limited company, with Farage holding the majority of shares. He said this was done to fast-track the creation of the Brexit Party, now Reform UK, in time for its victory in the 2019 European elections.The company structure also allowed him to “to stop the party being hijacked by bad people,” he told BBC Radio Kent.The Clacton MP will continue to be Reform UK’s leader but said: “I no longer need to be in control of Reform so I’m surrendering all of my shares.”Farage told BBC Southampton he planned to lead the party into the next election, when he will be 65, unless someone “better looking and brighter comes along”.Two months after getting its first MPs elected, Reform UK is planning a major overhaul of how it is run at its Birmingham conference, with Farage claiming he was “giving ownership of the party and the big decisions over to the members”.For the first time, members will be able to vote on policy motions, including to adopt a new constitution, which sets out party rules and the responsibilities of the leadership.Reform won 14% of the vote at July’s general election and has a foothold in Parliament with five MPs, including Farage.Farage announced he was returning as leader during the campaign – something he would have been unable do in a party with a more conventional structure, where leaders tend to be elected by members.Under the proposed new Reform UK constitution, members will be able to remove Farage – or any other party leader – in a no-confidence vote. A vote can be triggered if 50% of all members wri …
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[mwai_chat context=”Let’s have a discussion about this article:nnReform UK leader Nigel Farage has revealed he is giving up ownership of the party ahead of its conference this weekend.Unlike most political parties, Reform was established as a private limited company, with Farage holding the majority of shares. He said this was done to fast-track the creation of the Brexit Party, now Reform UK, in time for its victory in the 2019 European elections.The company structure also allowed him to “to stop the party being hijacked by bad people,” he told BBC Radio Kent.The Clacton MP will continue to be Reform UK’s leader but said: “I no longer need to be in control of Reform so I’m surrendering all of my shares.”Farage told BBC Southampton he planned to lead the party into the next election, when he will be 65, unless someone “better looking and brighter comes along”.Two months after getting its first MPs elected, Reform UK is planning a major overhaul of how it is run at its Birmingham conference, with Farage claiming he was “giving ownership of the party and the big decisions over to the members”.For the first time, members will be able to vote on policy motions, including to adopt a new constitution, which sets out party rules and the responsibilities of the leadership.Reform won 14% of the vote at July’s general election and has a foothold in Parliament with five MPs, including Farage.Farage announced he was returning as leader during the campaign – something he would have been unable do in a party with a more conventional structure, where leaders tend to be elected by members.Under the proposed new Reform UK constitution, members will be able to remove Farage – or any other party leader – in a no-confidence vote. A vote can be triggered if 50% of all members wri …nnDiscussion:nn” ai_name=”RocketNews AI: ” start_sentence=”Can I tell you more about this article?” text_input_placeholder=”Type ‘Yes'”]
