Farage unveils Reform UK’s £140bn pledges that economists say ‘do not add up’

Nigel Farage has unveiled Reform UK’s manifesto, pledging to cut taxes by £140bn, scrap net zero and stop illegal immigration. The party has pledged to slash taxes by £140bn, primarily through cutting income tax and national insurance. They also aim to scrap the UK’s net zero target, claiming it is economically damaging, and to stop illegal migration, particularly by boat across the English Channel. The party’s pledges have been criticized by economists, who say they are unrealistic and unsustainable. They argue that the tax cuts would lead to a massive increase in borrowing and that the party’s plans to fund them through cuts to public spending are likely to be unpopular. They also say that the party’s plans to scrap net zero are likely to have a negative impact on the environment and that their proposals to stop illegal immigration are unlikely to be effective. Despite the criticism, Reform UK is confident that its manifesto will resonate with voters. They argue that the party is the only one that is offering real change and that its policies will benefit everyone in the UK.

Summary

"Reform UK's manifesto has been met with criticism from economists who say that its pledges are unrealistic and unsustainable. However, the party remains confident that its policies will resonate with voters and offer real change for the UK."

Updated at: 06.19.2024

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Farage unveils Reform UK’s £140bn pledges that economists say ‘do not add up’ - The Guardian