Nigel Farage 'Planning To Bring Back Austerity' Amid Huge Policy U-Turn

Nigel Farage has been accused of planning to take the UK “back to austerity” as he plans to perform a major policy U-turn.

The Reform leader will officially ditch his party’s previous pledge to slash taxes while increasing public spending, made before last year’s general election.

Instead, Farage will vow to “get public spending under control” in an attempt to boost the economy.

Reform’s election manifesto included plans to boost public spending by £141 billion a year while at the same time cutting taxes by £70 billion.

But in a speech in the City of London on Monday, Farage will perform a complete 180 degree shift in his position by insisting government spending must come down before taxes can be cut.

He will say: “Reform will get public spending under control, so that the nation’s borrowing costs come down. Then, and only then, will I cut taxes to stimulate growth. We must get the economy growing.”

Farage will add: “We are the pro-business party. We will reduce the size of the bloated state. We will bring expertise into government. We will reduce regulation and the power of the regulators, we will make Britain a competitive, good place to invest, to work and to live.

“But I know we can only cut taxes once the deficit is under control.”

“They are a one-man band and have resorted to junking promises they made only recently in a desperate attempt to appear economically credible. 

“In local government they have failed to find savings and are instead planning tax hikes on hard-working families. Their left-wing, tax-raising, debt-increasing proposals for the national economy would leave families paying the price.”