The pro-Brexit leader, who is closely allied with US President-elect Donald Trump, said late yesterday there will be a "seismic shock" if Brexit is delayed.
He complained at a party at London's Ritz hotel that Britain is lagging behind the United States in changing its political leadership despite the June 23 referendum vote in favor of taking Britain out of the 28-nation EU bloc.
America has had a total revolution, he said, while Britain has kept the same elite in power.
Despite the Brexit success, Farage's UKIP party has not made much progress in Britain's Parliament, winning only one seat in the general election last year - and he lost his own bid for a seat.
Farage's unusual closeness to Trump prompted the incoming US leader to suggest that Britain appoint him as the country's ambassador to Washington, a proposal that raised Farage's profile at home even as it was quickly rejected by May and senior figures in her government.
"It isn't for other countries to decide who we appoint as ambassadors and if I ever need any advice from Nigel Farage, I've got his number, and I'll give him a call," Hammond said. "Tell him not to hold his breath."
Farage had earlier criticised May for refusing to capitalize on his good relations with Trump.
At the Ritz gathering, Farage's supporters gave him a tray of Ferrero Rocher chocolates, a reference to a well-known television ad about an "ambassador's reception" where the gold-wrapped chocolates are served.
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