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Arron Banks refuses to rule out Ukip leadership bid

Businessman Arron Banks has refused to rule out standing for the leadership of the UK Independence Party.

Arron Banks speaking today. Credit: Marr

Asked whether he is in the frame to replace Nigel Farage, Banks told the BBC's Andrew Marr Show: "I haven't decided. I think it will be someone like Steven Woolfe but I haven't discounted it completely."

He denied having any contact with Andrea Leadsom about her leadership bid.

But he threw his support behind the energy minister in the race for Number 10, claiming Theresa May could "betray" the result of the EU referendum if she wins.

Banks also said Ukip could win "30-40" seats from the "disconnected" Labour Party at the next general election.