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2mo ago

Nigel Farage Transfers Reform UK Ownership to Members

The party transitions to a non-profit structure with a new constitution, granting members formal control over leadership decisions.

Nigel Farage, leader of Britain's Reform UK party speaks at a regional conference in Trowbridge, southern Britain, February 9, 2025. REUTERS/Toby Melville/ File Photo
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Nigel Farage has long promised to relinquish control of the party

Overview

  • Nigel Farage has relinquished his majority control of Reform UK, transferring ownership to the party's 200,000 members under a new non-profit structure.
  • Reform UK is now managed by Reform 2025 Ltd, a company limited by guarantee with no shareholders, overseen by Farage and chairman Zia Yusuf as directors and guarantors.
  • The party's new constitution, approved by members last year, allows for leadership removal through a no-confidence vote, though the requirements are challenging to meet.
  • Farage has described the changes as part of efforts to professionalize the party as it prepares for upcoming local elections and potential government ambitions.
  • Recent polling shows Reform UK gaining popularity, surpassing both the Labour and Conservative parties in voter trust and intent in some surveys.