He said: "I will develop what we have created and take things to a new level. There will be a civil liberties element. It will be a small vehicle that will campaign on principles such as equality."
The decision to cease operating followed allegations in The Sun that a breakaway group had plotted to kidnap Tony Blair's youngest son. Although O'Connor condemned the alleged plot, he said the story had irreparably damaged the group's reputation. He added: "I'm not happy that the grand plan has stumbled, but I think we achieved a lot of what we set out to do."