Paul Nuttall steps down as UKIP leader

UKIP leader Paul Nuttall has stepped down as party leader, after the party suffered an embarrassing feat in Thursday’s general election.

Speaking at his party’s headquarters, Paul Nuttall said it “has been a honour” to head the party.

“It is clear UKIP requires a new focus and new ideas,” he said.

Before the election results came out, Nuttall criticised May’s decision to call a snap election and said she had put Brexit in danger.

“If the exit poll is true then Theresa May has put Brexit in jeopardy,” Mr Nuttall tweeted.

“I said at the start this election was wrong. Hubris.”

Ukip suffered a collapse in its vote on Thursday, with many people who had backed the party in 2015 and wanted a vote on Brexit voting instead for the Tories or Labour.

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Miranda is the online editor of UK Investor Magazine. Her interests include private equity, crowdfunding, peer-to-peer lending, gender equality and coffee.