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.

It's back to the drawing board for the Conservatives and Labour Party as the Reform UK surge refuses to let up.

By Andrew MacAskill LONDON (Reuters) -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.

Reform's former deputy leader says the party’s new constitution “puts Farage’s leadership in a virtually unassailable position”.

Nigel Farage is handing ownership of Reform UK to party members. Nigel Farage will hand ownership of the Reform UK party over to party members. The party announced the move through a statement on social media site X. A statement, by chairman Zia Yusuf, read: "This was an important step in professionalising the party."

The party's growth since its founding in 2021 has been "truly extraordinary", Mr Farage said, promising that Reform UK is on course to become "the biggest political party in this country".

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.