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Nigel Farage Says Reform UK Could Cut Minimum Wage for Young People - and Defends U-Turn on Tax Pledges

Farage links minimum wage concerns for young workers to National Insurance changes and acknowledges current UK debt limits major tax cuts, predicting a 2027 election.

  • On Monday in the City of London, Nigel Farage suggested the minimum wage may be too high for younger workers and revealed he was abandoning Reform UK manifesto tax-cut plans.
  • Farage argued the NIC threshold being lowered to £750,000, so policies should adjust thresholds or youth wages, citing UK public finances as a challenge.
  • The minimum wage is currently £12.21 for 21+ and £10 for 18–20, while apprentice and under‑18 rates stand at £7.55.
  • Critics including Sir Mel Stride warned, `After this rambling, incoherent speech, it is clear Reform's economy policy is in chaos`, while Farage predicted a general election in 2027 as markets force the chancellor.
  • Ahead of the Budget at the end of this month, he said he would make some relatively modest changes immediately, including scrapping inheritance tax on family farms, and Reform UK will announce new policy figures in coming weeks.
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Farage abandons plans for tax cuts

·London, United Kingdom
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Byline Times broke the news in on Monday, November 3, 2025.
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