Cable Forum - UKIP lives to fight another day!

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1andrew1

03-04-2018 21:08

UKIP lives to fight another day!

Quote:

The UK Independence party said on Tuesday that it had averted imminent bankruptcy, after raising around £370,000 to pay for a failed libel battle and its own running costs.
In a bid for stability, the anti-EU group is also set to delay its fourth leadership election in two years and keep interim leader Gerard Batten in charge, two senior party figures told the FT.

https://www.ft.com/content/848384f8-...8-2f31af407cc8

RichardCoulter

03-04-2018 22:36

Re: UKIP lives to fight another day!

I can't access the link, but i'm sure a spokesman said that this wouldn't affect the actual party anyway as the body being sued was a company.

Seems odd to use the money raised to pay the person taking legal action when they could have simply let it go bankrupt and set up a new company.

1andrew1

03-04-2018 23:47

Re: UKIP lives to fight another day!

Quote:

Originally Posted by RichardCoulter (Post 35942518)

Seems odd to use the money raised to pay the person taking legal action when they could have simply let it go bankrupt and set up a new company.

I'm not sure it works as you described.
The full article can be read by Googling "Ukip avoids bankruptcy after raising funds to cover costs".

denphone

04-04-2018 04:40

Re: UKIP lives to fight another day!

UKIP have done their job that is for sure but as for the future l would say it won't be long before they go the way of the Dodo.

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