Reform UK’s fiscal plans could spark ‘Sterling crisis’

Reform UK’s fiscal plans could spark ‘Sterling crisis’

Reform UK deputy leader Richard Tice has hinted at ambitions to become chancellor if his party wins the next general election. What does this mean for the UK’s finances? Simon French, an economist at Panmure Liberum who has advised the government, estimates that Reform UK’s plans would leave the UK with an “immediate” fiscal gap between £70-£80bn a year. This would risk an “immediate and violent” Sterling crisis, French said. French also wrote t…