Reform UK to fund tax cuts with spending cuts, Farage says

Nigel Farage said his party will not cut taxes until it has first reduced public spending, signaling a shift away from several high-profile fiscal pledges in Reform UK’s 2024 manifesto and setting out plans for deep spending cuts if his party wins power. The party leader said Reform will present a fully costed manifesto at the next election and that savings must be identified before any tax reductions are implemented, a point he reiterated while outlining priorities that include cuts to public sector spending and changes to welfare and energy policy.

Reform’s 2024 manifesto had promised tax reductions estimated at up to 90 billion a year, including raising the income tax personal allowance, higher-rate threshold changes and the abolition of inheritance tax for many estates. Party leaders now describe some of those measures as aspirational unless corresponding savings are delivered. Deputy leader Richard Tice has said raising the personal allowance to 20,000 remains a goal rather than a firm commitment, and Farage has warned that any tax cuts will follow a programme of spending restraint.

Farage outlined a range of potential spending measures he said would fund future tax...