Farage Quits as MP and Will Stand Again to Win Back His Seat
Reform UK leader Nigel Farage said he was standing down as a Member of Parliament and will stand in the resulting by-election in Clacton, citing the opportunity тАЬto stick two fingers up to the entire establishment.тАЭ #uk #politics #worldnews
The shock announcement comes after Farage faced increasing scrutiny over undeclared gifts he received in the run-up to the 2024 general election, when he was elected to the House of Commons for the first time.
That includes ┬г5 million ($6.7 million) from Thailand-based cryptocurrency investor Christopher Harborne, now the subject of a probe by the Parliamentary Commissioner for Standards, Daniel Greenberg.
Read more: https://www.bloomberg.com/news/articles/2026-07-07/farage-quits-as-mp-and-will-stand-again-to-win-back-his-seat
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Reform UK leader Nigel Farage said he was standing down as a Member of Parliament and will stand in the resulting by-election in Clacton, citing the opportunity тАЬto stick two fingers up to the entire establishment.тАЭ #uk #politics #worldnews
The shock announcement comes after Farage faced increasing scrutiny over undeclared gifts he received in the run-up to the 2024 general election, when he was elected to the House of Commons for the first time.
That includes ┬г5 million ($6.7 million) from Thailand-based cryptocurrency investor Christopher Harborne, now the subject of a probe by the Parliamentary Commissioner for Standards, Daniel Greenberg.
Read more: https://www.bloomberg.com/news/articles/2026-07-07/farage-quits-as-mp-and-will-stand-again-to-win-back-his-seat
———-
Like this video? Subscribe https://www.youtube.com/@Bloomberg-News
Bloomberg News is the first word in business news. Visit bloomberg.com for the latest on global business, markets and more.
Get unlimited access to Bloomberg.com for $1.99/month for the first 3 months: https://www.bloomberg.com/subscriptions?in_source=YoutubeOriginals
Bloomberg on YouTube:
https://www.youtube.com/@business
https://www.youtube.com/@markets
https://www.youtube.com/@BloombergTech
https://www.youtube.com/@BloombergPodcasts
Connect with us on social:
https://www.instagram.com/bloombergbusiness
https://www.linkedin.com/company/bloomberg-news
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