UKIP has split its economics spokesperson role following a party reshuffle, with Steven Woolfe keeping the financial services brief and Patrick O’Flynn taking responsibility for broader economic issues.
Woolfe was appointed as the party’s economics spokesperson in February and sits on the European Parliament’s Economic and Monetary Affairs committee, as does O’Flynn.
UKIP sources deny the move is a demotion for Woolfe, who will also now speak for the party on immigration.
UKIP leader Nigel Farage says: “I can think of nobody better than Steven to develop and communicate policy in the absolutely crucial area of migration, which opinion surveys show is now the number one issue for voters.
“I have also asked him to retain a role as Financial Affairs spokesman in recognition of his expertise in the field of financial services. It is a lot of responsibility but I am confident he will take it in his stride.
“I am also very pleased that Patrick has agreed to become Economics spokesman, responsible for setting out our macroeconomic positions and honing our message on tax and spending issues.”
In March, Woolfe set out some of the party’s ideas on pensions in an interview with Money Marketing.
O’Flynn is also the party’s director of communications and famously intervened when party leader Nigel Farage faced hostile questioning from LBC’s James O’Brien.