Nigel Farage has officially transferred ownership of Reform UK, a party he founded in 2018, to its members, transitioning it to a non-profit organization. This change aims to give more control to members and professionalize the party, according to chairman Zia Yusuf. Despite welcoming the governance shift, former deputy leader Ben Habib criticized the party's new constitution, claiming it keeps Farage in a virtually unassailable position. The updated constitution allows for a no-confidence vote but requires certain conditions regarding the number of MPs to be met.
We are pleased to announce that, as promised, Nigel Farage has handed over ownership of Reform UK to its members. Reform UK is now a non-profit, with no shareholders, limited by guarantee.
This was an important step in professionalising the party. We will soon have more exciting announcements about Reform UK as we prepare for government.
The party's constitution was flawed and puts Farage's leadership in a virtually unassailable position.
Under the new constitution, members can remove their leader in a no-confidence vote, triggered if 50% of them write to the chairman.
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