Nigel Farage said he was taking a break as leader but left the door open for a return when the party elects a new leader in September while endorsing Suzanne Evans, the deputy chairman, to be a stand-in until the leadership challenge is complete.
Nigel Farage has repeated his attack on the first-past-the-post voting system, saying he felt the 3.8 million voters who backed Ukip should be better represented.
Writing in the Independent,he said: "It is my view that the first-past-the-post system is now totally bankrupt. It has turned general election campaigns into "please vote for me, I'm not quite as ugly as the other one" situations, rather than parties fighting over policy positions and serious issues. It has directly led to a campaign of total negativity and triviality.
Mr Farage also said he would "think seriously" about his next move, and hinted he wanted to play a role in an referendum on the EU.
He said: "I say that, though it nags in the back of my mind that this majority Conservative government has promised a referendum on Britain's EU membership. I guess I face some tough decisions."
The Democratic presidential candidate may also have shown his cards on his choice of running mate.
The US president also shared a post on Twitter accusing Dr Anthony Fauci of misleading the public over hydroxychloroquine.
Fears over an impending second wave of coronavirus dominates Wednesday’s front pages.