US EditionPublished • loading... • Updated
Nigel Farage to set out plans to save £25 billion in challenge to Reeves ahead of budget
Reform UK aims to save £25 billion by cutting foreign aid, limiting benefits to foreign nationals, and deporting criminals to prevent tax increases on British citizens.
- Nigel Farage, Reform UK leader, will tell London audiences a package to save £25 billion this year ahead of Chancellor Rachel Reeves's November 26 Budget.
- Amid last week’s U-turn, Conservatives warn Tory leader Kemi Badenoch argues Reeves must find 8.5 billion, accusing her of a `stealth tax bombshell`.
- Key savings include raising the immigration health surcharge to generate £5 billion, cutting foreign aid to £1 billion to save about £10 billion, and ending Universal Credit payments to foreign nationals to save £6 billion this year, Reform said.
- Farage framed the choice as either raising taxes on British citizens or enacting Reform's plans to shift the burden onto foreign nationals, while Labour Party spokesman said Farage's numbers `don't add up` and warned British taxpayers could be left footing the bill this year.
- Reform says it would renegotiate Brexit deal entitlement for EU citizens with settled status, give Universal Credit claimants from the EU three months' notice, and act unilaterally regardless of `trade retaliation`.
Insights by Ground AI
Podcasts & Opinions
9 Articles
9 Articles
Kemi Badenoch insists Tories are ‘only alternative’ to Labour after 'amusing' Farage announcement
Kemi Badenoch has taken a swipe at Nigel Farage after he claimed Reform UK would save £25 billion a year if it were in power.The leader of the populist party told reporters today that his Budget would target EU citizens and cut aid to some of the world’s poorest countries.Welfare benefits paid to EU citizens living in the UK would be scrapped, along with around 90 per cent of Britain’s overseas aid budget, leaving it at just £1bn a year.Penalisi…
·London, United Kingdom
Read Full Article
Evening Standard+4 Reposted by 4 other sources
Farage and Badenoch step up Budget pressure on Reeves
Both Nigel Farage and Kemi Badenoch will set out alternatives to the tax rises Rachel Reeves is set to unveil.
·London, United Kingdom
Read Full Article
Coverage Details
Total News Sources9
Leaning Left2Leaning Right4Center3Last UpdatedBias Distribution45% Right
Bias Distribution
- 45% of the sources lean Right
45% Right
L 22%
C 33%
R 45%
Factuality
To view factuality data please Upgrade to Premium
