Controversial political heavyweight Nigel Farage has given up ownership of Reform UK, it has been revealed.
The Financial Times reported that Farage has created a new structure for his rightwing political party ahead of local elections in May.
Companies House filings show that the existing Reform UK Party Ltd, which was owned by Farage and deputy Richard Tice, will be taken over by a newly registered business called Reform 2025 Ltd. The new entity lists Farage and party chair Ziauddin Yusuf will serve as directors of the new entity.
The Reform UK party has surged to their highest, a YouGov poll revealed, with one in four people now favouring Nigel Farage.
YouGov said that 26% will now vote for Reform if there was an election now while the Tories are in third place at 21%. Labour is behind on 25% and Farageโs populist party is at 26%, the Lib Dems remain at 14 points whilst the SNP and the Greens remain at 3%.
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