The business associated with Nigel Farage’s partner, Laure Ferrari, which markets their own brand of gin, is facing closure due to debts totaling £11,000, as indicated in official records submitted to Companies House.
This development follows the revelation that the couple managed to save over £44,000 in stamp duty when Ferrari purchased their £900,000 residence in his constituency without a mortgage. Farage clarified that he did not provide any financial assistance, emphasizing Ferrari’s financial independence from her affluent family background. Farage defended the arrangement, stating its practicality and Ferrari’s preference for it.
Ongoing scrutiny by our investigation team has cast a shadow over Reform UK’s leader and his party, with questions raised repeatedly regarding the ownership of a property in Clacton, which was legally registered under Ferrari’s name.
The couple, reportedly in a relationship since 2017, introduced Farage Gin, a collection of spirits in patriotic colors priced at £40 per bottle, in 2022. Although Farage actively promoted the gin on his platform, no income declaration from the product has been made since his tenure as an MP commenced last July. Notably, the link to Farage Gin vanished last autumn.
The gin production, originating from Cornwall, was managed by Baxter Laois Limited, headquartered in Southend, Essex, with Ferrari, aged 46, serving as the sole director and shareholder. Recent filings at Companies House disclosed that the accounting firm overseeing Baxter Laois has initiated the process to dissolve the company due to financial constraints, with assets barely exceeding £1,000 while debts amount to £11,000.
When queried about the impending closure, Farage denied issuing any directives for the company shutdown, asserting that he would investigate the matter with Companies House and consult the accountant. In response to inquiries about the gin’s profitability, Farage evaded the question by accusing the inquirer of lacking good faith.
