Nigel Farage's 65-point plan to save the economy in full
Nigel Farage's Reform UK has set out a 65-point plan to fix the UK's broken economy, as experts predict inflation, energy prices and mortgage payments could all rise in 2027. Prime Minister Andy Burnham and Chancellor John Healey are set to deliver their first Budget this week, and Labour has said it wants to provide help with the cost of living.
TL;DR
- Reform UK's 65-point plan targets economic revitalization.
- Key proposals include restarting oil and gas licensing, abolishing the Energy Profits Levy, and repealing net zero obligations for the North Sea Transition Authority.
- The plan suggests reducing affordable housing requirements, implementing broad Permitted Development Rights for brownfield sites, and repealing biodiversity net gain rules.
- It also proposes ending the ban on household boilers, legalizing air conditioning use, and removing mandatory Energy Performance Certificate improvements.
- Reform UK aims to repeal the Renters' Rights Act, legislate for new runway projects with overrides of other legislation, and introduce competitive auctions for airport slots.
- The plan includes measures to reduce the Employer National Insurance rate and introduce a migrant worker levy.
- It seeks to repeal climate-related financial disclosure rules, abolish electric and hybrid vehicle mandates, and prohibit Low-Traffic Neighbourhoods.
- Other proposals involve re-legalizing Imperial units, repealing or modifying EU law, and making quarterly reporting voluntary under Making Tax Digital.
- Reform UK also advocates for a five-year regulatory sunset on all existing quangos and requiring new regulations to have sunset clauses.
- Nigel Farage emphasized the need for urgent action and creating a vibrant, growing private sector with well-paid jobs.