Economics

Farage Keeps Finances Vague in UK Welfare Plan Targeting Labour

Reform UK leader Nigel FaragePhotographer: Chris Ratcliffe/Bloomberg

Nigel Farage made a clear attempt to win over Labour’s core working-class voters by calling for expanding welfare payments and cutting taxes. What was far less clear: How the Reform UK leader would pay for it without busting Britain’s budget.

Farage held a news conference on Tuesday to vow that if his party defeated Prime Minister Keir Starmer at the next general election — due in 2029 at the latest — it would reinstate winter fuel payments to the elderly, scrap the two-child limit on public benefits and introduce a more generous tax break for married couples. That was on top of a previously announced plan to lift the threshold at which workers start paying income tax from £12,570 ($17,000) to £20,000.