Farage Resigns as UKIP Leader

“I have decided to stand aside as Leader of UKIP. The victory for the ‘Leave’ side in the referendum means that my political ambition has been achieved. I came into this struggle from business because I wanted us to be a self-governing nation, not to become a career politician.

“UKIP is in a good position and will continue, with my full support to attract a significant vote. Whilst we will now leave the European Union the terms of our withdrawal are unclear. If there is too much backsliding by the Government and with the Labour Party detached from many of its voters then UKIP’s best days may be yet to come”.

He came into politics to get us out of the EU, he was the one man more than any other responsible for forcing the referendum. Job done.




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Quote of the Day

The FT’s Wolfgang Munchau on the “fake maths” of economic forecasts:

“The truth is that our ability to forecast the future beyond the current quarter is limited… The curse of our time is fake maths. Think of it as fake news for numerically literate intellectuals: it is the abuse of statistics and economic models to peddle one’s own political prejudice… The fakeness of the maths lies in an exaggerated inference. Economic models have their uses, as do opinion polls. They provide information to policymakers and markets. But nobody can see through the fog of the future.”

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