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In response to Reform UK leader Nigel Farage’s recent policy proposals, Prime Minister Sir Keir Starmer has criticized the economic feasibility of his plans as “fantasy.” Farage’s party has gained significant ground in English local elections, emerging as a formidable challenge to the traditional main parties in Britain.
During a speech in the north-west of England, Sir Keir is expected to draw parallels between Farage and former PM Liz Truss, warning that Reform’s unfunded tax cut pledges could lead to escalated mortgage costs and trigger an economic crisis. The prime minister asserts that just like Truss, Farage is jeopardizing the nation’s financial stability with reckless spending that lacks a proper funding strategy.
Despite Reform’s recent electoral successes, Prime Minister Sir Keir Starmer considers Nigel Farage his primary political rival at present. Farage’s pledge to increase the income tax threshold and introduce more generous benefits has raised concerns among economists over the feasibility of his financial plans. The Institute for Fiscal Studies has highlighted the potential costs of Reform’s proposals, emphasizing the need for a clear funding mechanism to support such initiatives.
In response to critiques from the prime minister, a spokesperson for Reform dismissed the accusations as a “desperate attack” from a party trailing in the polls. Farage, 61, has positioned his party as a significant force in British politics, challenging the dominance of traditional parties like Labour and the Conservatives. With differing visions for economic policies and government spending, the clash between Sir Keir and Farage underscores the ongoing political divide in the UK
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