It's interesting to speculate on what might happen.
I see Braverman is making noises about allowing Farage in into the Tory Party:
Suella Braverman has called on the Conservatives to "welcome" Nigel Farage into the party in order to "unite the right".
www.lbc.co.uk
Suella Braverman says Conservatives should 'welcome' Nigel Farage to 'unite the right'
I can't see even moderate small-c conservatives such as, for example, Duncan Smith or Mordaunt being particularly enamoured about a merger with Farage.
I wouldn't mind betting that if there are any attempts to bring Farage into the Tories, or for Farage to take the Tories over, the Tories will split into two.
A continuation Moderate Tory party which will revert back to the classic (pre-2019) era, and a new party of the hard-right containing people like Braverman, Jenrick and Patel and led by Farage. Anderson would of course be there, and so would Gullis if he somehow miraculously manages to hold his seat.
It could perhaps be called the "People's Populist Party" (PPP). I can imagine it having a logo consisting of a clenched fist protruding from a jacket with the Union Jack colours, and with "PPP" in a rather harsh and angular font.
In related news, this was quite a surprise. Best friends with Nigel, apparently. Perhaps she could replace him as PPP leader to give the party a more modern image.
Valance got her break as a teenage Aussie soap star. Now she's fronting fundraising efforts for the Trump campaign.
www.bbc.co.uk