Brexit campaigner Nigel Farage has officially stepped back from his formal control of Reform UK, a political party currently leading in opinion polls, as part of an effort to professionalize its

structure and position it for success in the next general election.

Since its inception in 2018, Reform UK had been registered as a private company, with Farage holding a majority stake—an uncommon level of control for a British political party. However, in a move to make the party more democratic, Farage and deputy leader Richard Tice surrendered their combined 90% shareholding in Reform UK Party Limited, according to corporate filings submitted to Companies House, the UK’s corporate registry, and reviewed by Reuters.

Control of the party has now been transferred to a newly renamed entity, REFORM 2025 LTD. Over time, leadership will shift to the party’s more than 200,000 members, reflecting a shift towards a member-driven structure.

“We are pleased to announce that, as promised, Nigel Farage has handed over ownership of Reform UK to its members,” said party Chairman Zia Yusuf in an official statement. He confirmed that Reform UK is now a non-profit organisation with no shareholders.

The transition comes amid a surge in Reform UK's popularity. Earlier this month, the party overtook Labour in a major opinion poll, making it the most popular political party in Britain for the first time. The shift highlights growing dissatisfaction with Prime Minister Keir Starmer just seven months into his premiership. Photo by Gage Skidmore from Peoria, AZ, United States of America, Wikimedia commons.