Mr Farage said he intended to change the structure of the party – which is also a registered company – to give control to the members.

The former Brexit Party leader said he would be giving up his majority shareholder position in Reform UK Ltd, which is a registered company, unlike most other political parties

Former party deputy leader Ben Habib said that he had been advocating for the democratisation of the party behind the scenes ‘for many years’.

Nigel Farage speaks at Reform UK’s party conference Reform UK leader Nigel Farage is set to deliver a keynote speech at the party’s conference in Birmingham. Mr Farage is expected to announce plans to “democratise” the party structure after he “relinquished” control of the company by giving up his majority shareholder position.

Reform UK leader and Brexit campaigner Nigel Farage took aim at Britain's governing Labour Party on Friday, telling supporters his right-wing party was gaining voters disaffected with the government and would win the next election.

Unlike most political parties, Reform was established as a private limited company, with Farage holding the majority of shares. He said this was done to fast-track the creation of the Brexit Party, now Reform UK,

Nigel Farage has announced he is “relinquishing” control of Reform UK and giving up his majority shareholder position, just one day before the party begins its annual conference. The conference, taking place in Birmingham,

Around 4,000 cheering delegates descended on the NEC to celebrate the hard-right party returning five MPs at the General Election.