US EditionFarage to row back from tax cuts as he pledges ‘most pro-business’ government
- On Monday in London, Nigel Farage, Reform UK leader, will pledge to form `the most pro-business` government and row back from a 2024 promise to cut 90 billion of taxes, citing public spending concerns.
- Arguing Brexit was underused, Farage says regulations and regulators are worse than in 2016 and plans deregulation to free businesses to get on and make more money.
- Manifesto details reveal Reform's manifesto proposed raising the personal allowance to 20000 and a 100000 company allowance, which the Institute for Fiscal Studies criticised as costly and problematic.
- Labour responded that Mr Farage's proposals would `take us back to austerity`, while Conservative shadow chancellor Sir Mel Stride said Reform is junking promises made only recently.
- Claiming a different approach, Farage says the plan will create more well-paid jobs for workers and establish the most pro-business, pro-entrepreneurship government in modern times.
24 Articles
24 Articles
Reform UK's Farage waters down tax pledges in pitch for economic credibility
LONDON - Nigel Farage, leader of Britain's populist Reform UK, watered down some of his pledges on Monday, saying his party could not immediately implement substantial tax cuts if it won power because of what he called the dire state of public finances. Read more at straitstimes.com.
Huge tax cuts not currently realistic, Farage says
48 minutes agoShareSaveBecky MortonPolitical reporterShareSavePA MediaReform UK leader Nigel Farage has rowed back on his party’s previous promise to deliver tax cuts worth £90bn a year.Ahead of last year’s general election, Reform’s pledges included slashing corporation tax, cutting stamp duty on home purchases and lifting the threshold when people start paying income tax.However, Farage said “substantial tax cuts” were not currently “realistic…
Can Nigel Farage and Reform balance the books?
Nigel Farage today sought to position Reform UK as the “party of alarm clock Britain” championing both business and workers.In a speech in the City of London this morning, the former stockbroker said the country was being “led by human rights lawyers, not entrepreneurs”, and blamed a “political class who are not business people” of wasting the “opportunities to deregulate and become more competitive” offered by Brexit.Promising to balance the bu…
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