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Nigel Farage to abandon Reform manifesto’s big plans for tax cuts

  • In an interview with The Times, Farage said he will not cut taxes until spending is reduced, abandoning his £90 billion pledge.
  • Amid criticism from economists and opponents, the Institute for Fiscal Studies warned last year the manifesto `do not add up` and would require substantial public-service cuts.
  • In the 2024 manifesto, Reform proposed lifting the income tax personal allowance to 20,000, costing between 50 billion and 80 billion, while pledging abolition of inheritance tax threshold of 2 million and now plans civil service and borrowing ban.
  • Farage will deliver a major speech next month, promising 350 billion in cuts to public services and civil service before any tax reductions.
  • With Reform polling at 27 per cent, the party aims to campaign ahead of next year's Senedd election and court Jonathan Brown and business donors to reassure swing voters.
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27 Articles

Evening StandardEvening Standard
+4 Reposted by 4 other sources
Center

Farage denounces ‘cretins’ in charge of the economy as he pledges ‘big bang two’

The Reform UK leader has pledged to boost trade in digital assets if his party forms a government.

·London, United Kingdom
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Bias Distribution

  • 54% of the sources lean Left
54% Left

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The Times broke the news in United Kingdom on Sunday, October 12, 2025.
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