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Nigel Farage says he will resign as an MP for Clacton, triggering a by-election which he will stand in
"This will be a people versus the establishment by-election," he says in a video statement, adding "the people of Clacton should be the judges of my actions"
It comes amid a row over his financial support, after the Sunday Times reported he had not declared benefits, including staff and security, received from long-time ally George Cottrell – Farage says he has done "nothing wrong"
The Reform UK leader has also faced questions about a £5m gift from Christopher Harborne in early 2024 which he did not register – he said the money was for his personal security
Reform UK leader is to force a byelection in his Clacton seat as he reveals he faces a second parliamentary inquiry
Nigel Farage has said he will resign as the MP for Clacton, and fight the resulting byelection, as scrutiny over his finances continues.
The Reform UK leader revealed that he was under a second investigation by the parliamentary standards watchdog over undeclared gifts.
Farage has been the subject of a standards inquiry after he did not make public a £5m gift from the crypto billionaire Christopher Harborne before the last election, as revealed by the Guardian in April.
He said on Tuesday there was now another inquiry over allegations that he was financially supported by the crypto gambler and convicted fraudster George Cottrell, who is a close friend.
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Nigel Farage is among the most high-profile politicians in Britain. (Reuters: Phil Noble)
Britain's Nigel Farage has announced a high-stakes gamble that could end his political career.
Mr Farage, the leader of Reform UK, said he would resign as an MP and recontest his own seat in the subsequent by-election.
The 62-year-old is facing intensifying scrutiny over his finances and donations, and a big win in the seat could help him shore-up support.
Nigel Farage, the far-right political leader riding a surge of support in Britain, has announced he will stand down as an MP and recontest his parliamentary seat.
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