Nigel Farage walks back on tax cut pledges after predicting ‘economic collapse’ November 3, 2025 Nigel Farage has abandoned several major tax cut pledges as the Reform leader predicted an “economic collapse” would trigger a general election as soon as 2027. Farage distanced himself from the party’s previous promise to introduce tax cuts worth £90bn, including by raising the tax-free personal allowance to £20,000, blaming the u-turn on ballooning government [...]
Is Nigel Farage right about Bank of England independence? November 3, 2025 Nigel Farage’s economic policies are neurasthenically inconsistent, but he has opened the door to a debate we need to have about whether Gordon Brown’s settlement for the Bank of England is fit for purpose, says Eliot Wilson Nigel Farage is a practised veteran at grabbing the headlines with a provocative-sounding but ultimately empty remark. Speaking [...]
Rachel Reeves considering ‘exit tax’ on wealthy Brits fleeing the UK November 3, 2025 Rachel Reeves is looking at a tax on wealthy Brits leaving the UK and a mansion tax, as last ditch levers to pull ahead of the Budget. The Times reported on a possible 20 per cent “settling-up charge” on business assets, which is the rate of Capital Gains Tax (CGT). It is thought that the [...]
Mel Stride rules out electoral pact with Reform October 30, 2025 Shadow Chancellor Mel Stride has insisted the Conservatives will not strike an electoral deal with Reform UK due to their “completely ruinous” economic agenda. In an interview with a new online magazine led by the centre-right think tank Bright Blue, Stride said his party should avoid “indulging in populist politics” and focus on calling out [...]
Asylum seeker released in error seen in London area, police say October 25, 2025 An asylum seeker accidentally released from prison was last seen in the London area, police said, as officers urged anyone who spots him to call 999 immediately. Ethiopian national Hadush Gerberslasie Kebatu, 38, who had been living at the Bell Hotel in Epping, was jailed for 12 months in September for the sexual assault of [...]
Is Brexit really to blame for the Chancellor’s growth headache? October 23, 2025 As the government prepares the public psyche for substantial tax hikes at next month’s Budget, the Chancellor has taken a Brexit-shaped risk. Keir Starmer’s government has largely opted for caution over talking about relations with the European Union. The Prime Minister has insisted that re-opening the Brexit debate would bring only “turmoil” but he also [...]
Farage’s crypto fantasies are a risk British taxpayers can’t afford to take October 15, 2025 Nigel Farage’s proposed crypto policies — including a £5bn national bitcoin reserve, a flat 10 per cent crypto tax, and rejection of a digital pound — are bold in rhetoric but economically reckless, risking public funds on volatile assets and undermining fiscal stability, says Tim Focas Nigel Farage has taken to the stage at the [...]
Nigel Farage vows to make savings before tax cuts October 13, 2025 Reform UK’s Nigel Farage has vowed to make sweeping spending cuts before cutting taxes for Brits while hitting out at “cretins” for imposing too much regulation in the City in comments that reflect his moves to take on economic policy head-on. Farage said the party’s next manifesto would be “fully-costed”, a statement that reflects the [...]
Margaret Thatcher would never have made a pact with Farage October 13, 2025 On the 100th birthday of Margaret Thatcher, Alys Denby reflects on what lessons she’s learned from the Iron Lady, and why her legacy remains relevant today… My mother tells me that when I was about three, I asked her if a woman could be a doctor. She replied: “darling, a woman is Prime Minister!”. It [...]
Reeves ‘pressures business chiefs to talk up the UK economy’ October 11, 2025 Rachel Reeves has ramped up pressure on business leaders to “talk up” the economy in the run up to the Autumn Budget. The Chancellor has framed her rallying cry to businesses that if they do not support a positive narrative around the economy, they risk Nigel Farage becoming Prime Minister. The Treasury has warned top [...]