Nigel Farage has pledged to reduce Britain's £300 billion welfare bill if he becomes prime minister, proposing reforms to personal independence payments and a return to in-person appointments. The Reform UK leader also aims to cut public sector pensions and lift the income tax starting threshold to £20,000, measures he claims will save tens of billions and encourage employment.
In a recent speech, Farage confirmed plans to remove the two-child benefit cap only for British working couples and to abolish inheritance tax on family farms and businesses. He predicted the next general election would occur in 2027 due to an impending financial crisis, suggesting his policies could be implemented soon after.
However, Farage avoided committing to the pensions triple lock, a key policy for many older voters. He previously indicated the party would delay a final decision on this issue. Additionally, he warned that substantial tax cuts are not realistic under current economic conditions, disappointing those hoping for immediate relief.
Some of Reform UK's 2024 manifesto pledges appear to be on hold, but bolder welfare and pension reforms, along with a reversal of Labour's green policies on North Sea oil and wind farms, remain party priorities.
