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

Is Reform UK abandoning economic populism?

Yesterday, Nigel Farage executed a dramatic U-turn and abandoned Reform UK’s policy of large-scale tax cuts. The only event in recent British political history that compares is the collapse of Liz Truss’s economic policy in October 2022, when she sacked her chancellor and scrapped the mini-Budget. Reform’s 2024 manifesto promised tax cuts galore, including a pledge to raise the threshold for paying income tax to £20,000. According to the Institu…

Nigel Farage claims young people on minimum wage earn too much

Reform UK clearly holds younger people in contempt after party leader Nigel Farage suggested that that the minimum wage may be “too high” for younger workers, as he laid out his party’s plans for the economy in a major speech yesterday. Alongside u-turning on his party’s promise to cut taxes, Farage also laid out a return to austerity as he vowed to bring public spending under control. He also refused to commit to the triple lock on pensions. As…

Farage abandons plans for tax cuts

Allegra Stratton: Is a Sensible Nigel Farage Sellable?

If you want to know how bad the UK’s finances are, consider the fact that Nigel Farage doesn’t think it’s credible to promise tax cuts right now.

Reform's substantial tax cuts ‘not realistic’ admits Nigel Farage

The Reform UK leader used a speech in London on Monday to promise sweeping deregulation, arguing that the UK had ‘squandered’ Brexit

Reform UK's Farage waters down tax pledges in pitch for economic credibility

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.