The party, which a year ago swept to victory in the European Parliament elections and sealed Theresa May’s fate as Prime Minister, is likely to be renamed the Reform Party amid growing demands for a centre right alternative to the Tories. The revelation comes in a week where speculation has been rife about Mr Farage’s future after he left LBC and led the attacks on the riots and destruction linked to the Black Lives Matter protests. The Sunday Express has learnt that plans for a relaunch of the Brexit Party have been in the pipeline for months and donations are pouring in for it to relaunch as a political force.
The party has already opened talks with a public relations firm and is preparing to stand a candidate in the next available by-election.
Senior figures from the Brexit Party have also been in talks with senior Tory MPs on the right of the party who are concerned about the loss of direction by Mr Johnson’s government.
There are also concerns that Mr Johnson may go “soft on Brexit” to get a quick deal with the EU and compromise on immigration rules as well as fishing waters and accepting EU rules.
One Tory MP who has spoken to both Mr Farage and Brexit Party chairman Richard Tice, said: “It will be a disaster if they relaunch. They will immediately pick up eight to 10 per cent of our vote and put us in second place behind Labour.
“A split in the centre right will mean we are always playing catch up.”
The MP added: “We should have given Nigel a knighthood and thanked him but instead Boris and Downing Street just wanted to humiliate him.”
Another Conservative MP added: “The problem is that Boris has left an open goal for the Brexit Party by pandering to the left.
“We have gone over the top with lockdown and we have allowed the streets to be taken over by rioters.
“The one thing we are getting right is Brexit but we are in danger of losing public confidence on that too.”
Last week Mr Farage is understood to have told friends that he felt “vindicated” after Downing Street admitted it was trying to put right the “unfair defects” in the Withdrawal Agreement Mr Johnson signed in January despite telling voters it was “an excellent deal”.
Last night Mr Farage told the Sunday Express: “[I am] watching and waiting. The lack of leadership from our government has been pitiful. Millions of Conservative voters want to see some moral courage not the current cowardice in the face of anarchic marxism.”
Sources close to leadership added: “Phones have been buzzing, hundreds emails per day from furious Tory voters, donations pouring in, we are praying for a by-election in Tory seat think would win one and gearing up for it, and currently deciding on who would stand.”
Meanwhile, the party treasurer, businessman and former MEP Ben Habib told the Sunday Express: “We never really went away. The problem is that the Conservative Party is not really conservative.
“People are very worried about what is happening with Brexit. It is good that they will not extend the transition period but nobody can be sure that won’t happen until we have left properly.
“Meanwhile, we hear the government now saying it wants accelerated talks in June and July. What are they waiting for” How many times does the EU have to tell them Britain needs to sign up to its unfair level playing field rules?
“The government needs to walk away on world trade organisation rules.”