Nigel Farage has given up ownership of Reform UK, with the party saying it wants to give more control to its members. Unlike most political parties, Reform was founded in 2018 as a private limited company, with Farage holding the majority of shares.

Eurosceptic politician Nigel Farage has given up formal control of his right-wing Reform UK party, which is currently leading in opinion polls, as he seeks to democratise its structure in a bid to win Britain's next general election.

Nigel Farage has “handed over ownership of Reform UK to its members”, the party has said. The Clacton MP previously said that he was “relinquishing” control of the company as he pledged to “change the structure” and give members ownership of the organisation.

Nigel Farage has stepped back from his role as owner of Reform UK after the party's new constitution came into force. The Clacton MP will remain as party leader - however, the party is now "non-profit,

Reform UK is topping opinion polls but it must navigate a series of challenges to have a serious chance of becoming a party of government

LONDON (Reuters) - Brexit campaigner Nigel Farage has given up formal control of his Reform UK political party, which is currently leading in opinion polls, as he seeks to professionalise the structure to help him win the next general election.