A new political party with access to up to £50m in funding has been secretly under development for more than a year by a network of entrepreneurs, philanthropists and donors keen to “break the Westminster mould”, the Observer can reveal. Franks has set up a company, Project One Movement for the UK, which is likely to be the vehicle for the enterprise. Some form of political movement could be launched later this year. What is said to unite those involved is a frustration with current party politics and the short-termism of professional politicians. Other than Franks, the identities of those involved remain secret and no launch date has been scheduled.

Source: The Guardian April 07, 2018 19:34 UTC