Leader’s speech offered most detailed explanation yet on party’s priorities on tax cuts, benefits, wages and pensions
What does Faragenomics look like? – Politics Weekly podcast
Nigel Farage has delivered a speech on his economic priorities. While it did not announce any new policies as such, it marked the most detailed explanation yet of what a Reform UK government might prioritise. Below are six areas he discussed.
As recently as the buildup to May’s local elections, Reform was pledging to raise the threshold at which people start paying income tax from £12,570 to £20,000, bringing many thousands out of tax but costing the exchequer more than £40bn a year.
Amid increasing scrutiny about how or if this could be paid for, Farage has rolled back. Quizzed after the speech on whether the policy still stood, he said he would “want” a £20,000 threshold but this was an eventual aspiration.
