Labour and the Conservatives will “barely exist” in five years’ time, Nigel Farage has predicted.

The leader of Reform UK, which has overtaken the Tories to place second in a number of recent opinion polls, predicted in a New Statesman interview there will have been “fundamental” change to the voting system by the end of the 2020s.

“And with that, the Labour Party and the Conservative Party frankly will barely exist,” Mr Farage said. “I promise you it’s going to change.

“And it’s interesting. The only thing I’ve been really good at in my life – and I’ve done a few things quite well, and done a few things quite badly, but I’ve done lots of things – is my ability to see change and what’s coming in the future.

“There is a massive change coming. The old order ain’t going to be there. I can see it coming.”

Follow the latest updates below and join the conversation in the comments